Why is NRB Bearings falling/rising?

As of 25-Aug, NRB Bearings Ltd is currently priced at 294.55, reflecting a decrease of 3.95, or 1.32%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.67%. Today's performance indicates that it has underperformed its sector by 1.72%, and it reached an intraday low of Rs 291, which is a decrease of 2.51%. Despite this short-term decline, the stock has shown positive returns over the past week and month, with increases of 2.36% and 1.57%, respectively. Additionally, the company has a strong ability to service its debt, a healthy long-term growth rate in operating profit, and is trading at a discount compared to its peers, which could suggest a potential for recovery in the future.
In the broader market context, NRB Bearings has outperformed the Sensex over the past week and month, indicating that while the stock is experiencing a short-term decline, it has shown resilience in the longer term. The stock's year-to-date return of 4.65% also surpasses the Sensex's 4.48%. However, the recent drop in investor participation, with a 17.17% decline in delivery volume, may be contributing to the current downward pressure on the stock price. Overall, while NRB Bearings has strong fundamentals, the recent price movement reflects short-term challenges that may be affecting investor sentiment.