Why is Maruti Sec. falling/rising?

As of 29-Jul, Maruti Securities Ltd is currently priced at 32.40, reflecting a slight increase of 0.08 (0.25%). The stock has shown a consecutive gain over the last two days, rising by 0.34% during this period. However, it has experienced significant declines in the past week and month, with returns of -12.43% and -22.86%, respectively. Despite a remarkable annual return of 232.65%, the company faces challenges such as a negative book value and weak long-term fundamental strength, which may be contributing to investor caution. Additionally, the delivery volume has dropped significantly, indicating falling investor participation, which could further impact the stock's performance.
In the broader market context, while the stock has outperformed the benchmark Sensex over the past year, the recent short-term performance contrasts sharply with the benchmark's decline of -1.03% over the past week. This suggests that while Maruti Securities has historically provided substantial returns, its recent volatility and negative indicators may be causing investors to reassess their positions. The stock's liquidity remains adequate for trading, but the overall sentiment appears cautious due to the company's underlying financial issues and the broader market's negative trends.