Why is Omax Autos falling/rising?

As of 28-Aug, Omax Autos Ltd's stock price is currently at 150.00, reflecting an increase of 2.0 or 1.35%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and it outperformed its sector by 1.48% today. The stock reached an intraday high of Rs 156, indicating a strong performance despite a weighted average price suggesting more volume traded near the low price. Over the past month, Omax Autos has generated a return of 15.10%, significantly outperforming the Sensex, which declined by 1.00%. The company has consistently reported positive results for the last 11 quarters, with a notable growth in profit after tax and a low debt-equity ratio, contributing to its attractive valuation compared to peers.
Broader market context shows that while Omax Autos has performed well in the long term, with a 25.94% year-to-date return compared to the Sensex's 2.48%, its recent short-term performance has been mixed. The stock's decline of 4.00% over the past week contrasts with the broader market's decline of 2.34%, indicating that while the stock has strong fundamentals, it is currently facing some selling pressure. Additionally, a decrease in investor participation, as evidenced by a significant drop in delivery volume, may be contributing to the stock's volatility. Overall, the combination of strong company performance and recent market dynamics suggests a complex scenario for Omax Autos.