Why is NRB Bearings falling/rising?

As of 01-Aug, NRB Bearings Ltd is experiencing a decline in its stock price, currently at Rs 282.10, which reflects a decrease of Rs 3.9 or 1.36%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total drop of 4.71% during this period. Although the stock outperformed its sector by 0.26% today, it has underperformed in the short term, with a 1-week return of -2.72% compared to the Sensex's -1.06%. Additionally, the stock's delivery volume has decreased significantly, indicating falling investor participation, which may contribute to the downward pressure on the stock price. Despite these challenges, the company maintains a strong ability to service its debt, with a low Debt to EBITDA ratio of 1.06 times, and has shown a significant profit increase of 41.7% over the past year, although its stock has still generated a negative return of -13.39%.
In the broader market context, NRB Bearings' recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 1.06% over the same 1-week period. While the stock has a year-to-date return of +0.23%, it has lagged behind the Sensex's +3.15% return. The stock's performance over the longer term remains strong, with a 3-year return of +101.57% and a 5-year return of +264.71%, significantly outpacing the benchmark. However, the recent negative returns and declining investor interest suggest that market sentiment may be weighing on the stock, despite its underlying financial strengths and fair valuation compared to peers.