Why is Mah. Scooters falling/rising?

As of 12-Nov, Maharashtra Scooters Ltd is experiencing a decline in its stock price, currently at Rs 14,400.00, reflecting a decrease of Rs 81.05 or 0.56%. The stock has underperformed its sector by 1.25% today and has been on a downward trend for the last two days, accumulating a total loss of 1.35%. Despite opening with a gain of 2.06% and reaching an intraday high of Rs 14,779, the overall performance has been disappointing, particularly over the past week and month, where it has seen declines of 2.07% and 16.20%, respectively. However, the company has demonstrated strong long-term fundamentals, with a remarkable 84.70% CAGR growth in net sales and a significant increase in operating profit, which may provide some support for the stock in the longer term.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.21% over the past week and 2.38% over the past month. This underperformance could be attributed to falling investor participation, as evidenced by a 67.68% drop in delivery volume compared to the five-day average. While institutional investors have increased their stake, indicating confidence in the company's fundamentals, the stock's current price movement suggests that short-term market sentiment may be weighing heavily on it. The stock's historical performance remains strong, with a 33.03% return over the past year, but the recent trends indicate a challenging environment for Maharashtra Scooters Ltd in the short term.