Why is Maruti Suzuki falling/rising?

As of 10-Sep, Maruti Suzuki India Ltd's stock price is currently at 15,126.40, reflecting a decrease of 200.0 points or 1.3%. Despite this decline, the stock has shown strong performance over the past month with a return of 20.25% and has outperformed the sector by 0.51% today. The stock recently hit a new 52-week high of Rs. 15,399.95, indicating positive momentum prior to this drop. Additionally, the company has a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 21.00%. However, it is important to note that while the stock generated a return of 23.33% over the past year, its profits have decreased by 1.2%, which may contribute to the current price decline.
In the broader market context, Maruti Suzuki's recent performance has outpaced the benchmark Sensex, which has only increased by 1.06% over the past week. The stock's ability to maintain trading above its moving averages suggests underlying strength, although the recent trend reversal after three consecutive days of gains may indicate profit-taking by investors. Furthermore, the rising investor participation, with a delivery volume increase of 22.52% against the five-day average, reflects continued interest in the stock despite the current price drop. Overall, while the stock has shown resilience and strong long-term performance, the recent profit decline and market corrections may be influencing the current downward movement.