Why is Omax Autos falling/rising?

As of 26-Aug, Omax Autos Ltd is experiencing a decline in its stock price, currently at Rs 148.00, which represents a decrease of Rs 6.0 or 3.9%. The stock has underperformed its sector by 3.09% today and has been on a consecutive decline for the last three days, accumulating a total drop of 5.28% during this period. Despite opening with a gain of 2.53% and reaching an intraday high of Rs 157.9, the stock fell to a low of Rs 148. The stock's performance over the past week shows a decline of 6.62%, while it has performed positively over the past month with a return of 22.25%. The company has shown strong financial results over the last 11 quarters, with a significant profit growth of 86.12% in the latest six months, and a low debt-equity ratio of 0.25 times, indicating a solid financial position. However, the recent drop in delivery volume by 29.68% against the 5-day average suggests a decrease in investor participation, which may be contributing to the stock's current downward trend.
In the broader market context, Omax Autos' short-term performance has significantly lagged behind the benchmark, with a 1-week return of -6.62% compared to the Sensex's -1.05%. While the stock has outperformed the benchmark over longer periods, such as a 3-year return of 189.35% versus the Sensex's 37.31%, the recent underperformance may be causing investor concern. The overall market sentiment appears to be cautious, which could be impacting Omax Autos' stock price negatively in the short term.