Why is Mahindra EPC falling/rising?

As of 24-Sep, Mahindra EPC Irrigation Ltd's stock is currently priced at 150.30, reflecting a decrease of 2.95, or 1.92%. The stock has been underperforming, having fallen for the last five consecutive days, resulting in a total decline of 5.44% over the past week. Today's trading saw the stock reach an intraday low of Rs 150.1, and it is currently below the 5-day, 20-day, and 50-day moving averages, despite being above the 100-day and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 30.79% compared to the 5-day average. Although the company has shown strong financial performance with significant growth in net sales and profit after tax over the last nine months, the recent price decline indicates a lack of momentum in the short term.
In the broader market context, Mahindra EPC's performance has been relatively strong over the long term, with a year-to-date return of 31.32%, significantly outperforming the Sensex, which has only gained 4.58% in the same period. However, in the short term, the stock's 1-month return of -14.29% starkly contrasts with the Sensex's slight gain of 0.50%. This underperformance may be contributing to the recent decline in stock price, as investors react to the stock's recent struggles despite its overall positive financial indicators and low debt-to-equity ratio. The market's negative sentiment, reflected in the stock's performance against the benchmark, suggests that investors are cautious, leading to the current downward trend.