Why is MRF falling/rising?

As of 21-Aug, MRF Ltd. is experiencing a slight decline in its stock price, currently at Rs 147,913.30, which reflects a decrease of Rs 202.5 or 0.14%. Despite this recent drop, the stock has shown strong performance over the past week with a return of 6.85%, and it has outperformed the Sensex, which gained only 1.74% in the same period. However, the stock has fallen after three consecutive days of gains, and there has been a notable decrease in investor participation, with delivery volume dropping by 45.76% against the five-day average. While MRF has a low debt-to-equity ratio and healthy long-term growth metrics, its profits have decreased by 12.8% over the past year, which may be contributing to the current price movement.
In the broader market context, MRF's recent performance contrasts with the Sensex's modest gain, indicating that while the stock has been strong in the short term, the recent decline may reflect broader market sentiments or profit-taking by investors. The stock's ability to trade above its moving averages suggests a generally positive trend, but the falling investor participation could signal caution among traders. Overall, MRF's solid fundamentals, including high institutional holdings and a significant market cap, position it well in the long term, yet the recent profit decline and reduced trading volume may be influencing its current price trajectory.