Why is Mah. Scooters falling/rising?

As of 23-Sep, Maharashtra Scooters Ltd is experiencing a decline in its stock price, currently at Rs 17,600.00, reflecting a decrease of Rs 292.75 or 1.64%. Today's price summary indicates that the stock has underperformed its sector by 1.97% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 17,471, which is a drop of 2.36%. Despite a strong long-term fundamental strength with a 67.82% CAGR growth in net sales, the stock's profits have decreased by 12.5% over the past year, contributing to its recent price movement. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 87.56% compared to the 5-day average, indicating reduced interest among investors.
In the broader market context, the stock has shown a short-term return of -1.99% over the past week, while the benchmark Sensex has only declined by 0.34%. This underperformance in the short term contrasts with the stock's impressive long-term performance, where it has generated a return of 83.16% year-to-date and 242.67% over the past three years, significantly outperforming the Sensex. However, the recent trend reversal and falling investor participation suggest that market sentiment may be shifting, impacting the stock's price negatively in the short term.