Why is Maruti Suzuki falling/rising?

As of 15-Sep, Maruti Suzuki India Ltd's stock price is currently at Rs 15,275.00, reflecting a decrease of Rs 49.9, or 0.33%. The stock has recently outperformed its sector by 0.52% and is trading close to its 52-week high, just 0.82% away from Rs 15,399.95. Over the past week, the stock has seen a modest increase of 0.16%, while its performance over the last month shows a significant rise of 18.22%. Despite these positive trends, there has been a notable decline in investor participation, with delivery volume dropping by 23.36% against the 5-day average. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 21.00% and operating profit at 68.67%. However, its profits have fallen by 1.2% over the past year, which may contribute to the current price movement.
In the broader market context, Maruti Suzuki's recent performance contrasts with the Sensex, which has risen by 1.24% over the past week. While the stock has shown strong long-term performance, outperforming the BSE500 over various periods, the decline in delivery volume may indicate waning investor interest, which could be a factor in the stock's current downward movement. The company's high institutional holdings suggest that it has strong backing from knowledgeable investors, yet the recent profit decline could be causing some caution among retail investors. Overall, while Maruti Suzuki has a solid market position and attractive valuation, the combination of reduced investor participation and recent profit declines may be influencing its stock price negatively.