Why is NRB Bearings falling/rising?

As of 28-Aug, NRB Bearings Ltd is currently priced at 282.30, reflecting a decrease of 3.8, or 1.33%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 5.76% over the past week. Despite this recent downturn, the company has shown a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.06 times. Additionally, the stock's operating profit has grown at an impressive annual rate of 72.65%, and while it has generated a return of -11.23% over the past year, its profits have increased by 45.3%. This suggests that despite the recent price drop, the fundamentals of the company remain strong, as indicated by a PEG ratio of 0.4 and a fair valuation compared to peers.
In the broader market context, NRB Bearings' recent performance contrasts with the benchmark Sensex, which has declined by 2.34% over the past week. The stock has outperformed its sector by 0.3% today, but the falling investor participation, with a delivery volume decrease of 22.08% against the 5-day average, indicates a lack of confidence among investors. Furthermore, while the stock is trading above its 100-day and 200-day moving averages, it is below its shorter-term moving averages, suggesting mixed signals in market sentiment. Overall, the combination of recent price declines, strong fundamentals, and relative performance against the benchmark highlights the complexities influencing NRB Bearings' stock movement.