Why is Omax Autos falling/rising?

As of 17-Sep, Omax Autos Ltd is currently priced at Rs 145.00, reflecting a decrease of Rs 1.0 or 0.68%. The stock has underperformed its sector today, with a performance drop of 0.64%. After experiencing two consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs 142.55, which represents a decline of 2.36%. Despite this short-term setback, the stock has shown strong performance over the longer term, with a year-to-date return of 21.75% and a remarkable 114.81% increase over the past three years. The company has consistently reported positive results, with a significant growth in profit after tax and a low debt-equity ratio, indicating a solid financial position.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has risen by 1.56% over the past week and 2.60% over the past month. While Omax Autos has generated a return of 14.17% over the last year, the overall market has been more favorable, as evidenced by the Sensex's performance. The decline in investor participation, with a notable drop in delivery volume, may also contribute to the stock's current downward movement, despite its attractive valuation and strong historical performance relative to peers.