Why is M & M falling/rising?

As of 09-Sep, Mahindra & Mahindra Ltd's stock price is currently at Rs. 3,696.40, reflecting a decrease of Rs. 6.2 or 0.17%. Today's price summary indicates that the stock has underperformed its sector by 0.28% and has experienced a trend reversal after four consecutive days of gains. Despite this recent decline, the stock has shown strong performance over various periods, with a 14.31% increase over the past week and a remarkable 36.37% rise over the last year. The company has also achieved a new 52-week high of Rs. 3,723 today. Positive factors contributing to the stock's overall strength include consistent growth in net sales and profits, high institutional holdings, and favorable valuations compared to peers, which may support investor confidence despite the current dip.
In the broader market context, Mahindra & Mahindra's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 1.18% over the past week. This stark contrast highlights the stock's resilience and attractiveness to investors, particularly given its robust fundamentals and positive financial results over recent quarters. The stock's liquidity and rising investor participation further suggest that while it may be experiencing a slight decline today, the overall market sentiment remains optimistic about its long-term growth potential.