Why is NDR Auto Compon. falling/rising?

As of 16-Jul, NDR Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 1,106.10, which reflects a decrease of Rs 30.4 or 2.67%. Today's price summary indicates that the stock has underperformed its sector by 2.55%, having touched an intraday low of Rs 1,096.4, representing a drop of 3.53%. Despite this short-term decline, the stock has shown strong performance over the past month, with a return of 15.73%, and an impressive year-to-date increase of 57.34%. The company has consistently delivered positive results over the last 16 quarters, with significant growth in net sales and operating profit, contributing to its strong long-term outlook.
In the broader market context, NDR Auto Components has outperformed the benchmark Sensex over various periods, including a 1-year return of 110.43% compared to the Sensex's 2.38%. However, in the short term, the stock's performance has been slightly negative, with a 1-week return of -0.93% against the Sensex's -1.08%. This suggests that while the stock has a solid foundation with low debt and healthy growth metrics, it is currently facing some selling pressure, which may be contributing to its recent price decline.