Why is NDR Auto Compon. falling/rising?

As of 10-Nov, NDR Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 888.00, which reflects a decrease of Rs 68.2 or 7.13%. The stock has underperformed its sector by 8.4% today and has been on a downward trend for the last two days, accumulating a total loss of 9.74%. It opened with a loss of 2.43% and reached an intraday low of Rs 875.3, indicating significant selling pressure. Over the past week, the stock has decreased by 6.96%, contrasting with its strong long-term performance, which includes a year-to-date increase of 26.32% and a remarkable 525.30% rise over the past three years. Despite these long-term gains, the stock is currently trading below its moving averages, which suggests a bearish sentiment among investors.
In the broader market context, the Sensex has only declined by 0.53% over the past week, indicating that NDR Auto Components Ltd's short-term struggles are more pronounced than the overall market. The company has demonstrated strong fundamentals, including a low debt-to-equity ratio and consistent growth in net sales and operating profit, which have increased by 64.37% and 71.15% annually, respectively. However, the recent price drop may be influenced by the stock trading at a premium compared to its peers and the market's reaction to its recent performance, despite positive results over the last 18 quarters. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests that some investors may see this as a buying opportunity, but the current price movement reflects a cautious sentiment in the market.