Why is M & M falling/rising?

As of 26-Aug, Mahindra & Mahindra Ltd's stock price is currently at 3,330.90, reflecting a decline of 68.75 points or 2.02%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.03%. It is also 2.98% away from its 52-week high of Rs 3,430.1. Despite this short-term downturn, the stock has shown positive performance over the longer term, with a year-to-date increase of 10.70% and a one-year return of 19.25%. However, the stock's delivery volume has decreased significantly, down by 37.28% compared to the five-day average, indicating a potential decline in investor interest.
In the broader market context, Mahindra & Mahindra's recent performance contrasts with the benchmark Sensex, which has declined by 1.05% over the past week. While the stock has outperformed the benchmark over longer periods, such as a 19.25% return in the last year compared to the Sensex's -1.12%, the recent drop may be influenced by falling investor participation and sector underperformance. Despite these challenges, the company has demonstrated strong fundamentals with consistent growth in net sales and profits, high institutional holdings, and positive ratings, suggesting that the long-term outlook remains favorable even amidst short-term volatility.