Why is NDR Auto Compon. falling/rising?

As of 22-Jul, NDR Auto Components Ltd is currently priced at Rs 1,167.30, reflecting a decrease of Rs 2.7 or 0.23%. The stock has experienced a consecutive decline over the last two days, with a total drop of 0.31% during this period. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 2.71% and 13.22%, respectively. Additionally, it is noteworthy that the stock is trading above its moving averages for 5, 20, 50, 100, and 200 days. However, there has been a significant drop in investor participation, with delivery volume falling by 35.97% compared to the 5-day average. The company has demonstrated robust financial health, with consistent positive results over the last 16 quarters, a low debt-to-equity ratio, and impressive growth in net sales and operating profit.
In the broader market context, NDR Auto Components has outperformed the benchmark Sensex in both the short term and long term, with a year-to-date return of 66.05% compared to the Sensex's 5.18%. This trend of outperformance is consistent, as the stock has generated 129.01% returns over the past year, significantly surpassing the Sensex's 2.09%. Despite the recent price decline, the overall strong performance relative to the benchmark suggests that the stock remains attractive to investors, although the recent drop in trading volume may indicate a temporary pullback in interest.