Why is Omax Autos falling/rising?

As of 18-Sep, Omax Autos Ltd is currently priced at 144.95, reflecting a slight decline of 0.05, or 0.03%. The stock has been experiencing a downward trend, having lost 0.72% over the last two days. Despite this recent decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 21.70% and a remarkable 233.22% rise over the past five years. The company has consistently reported positive results for the last 11 quarters, with a high return on capital employed (ROCE) of 9.55% and a low debt-equity ratio of 0.25 times, indicating financial stability. Additionally, the stock is trading at a discount compared to its peers, which may attract investors despite the recent price drop.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex rising by 1.80% over the past week while Omax Autos gained only 0.66%. This underperformance in the short term may contribute to the recent price decline. However, the stock's long-term performance remains strong, outperforming the BSE500 index over various time frames, including the last three years. The rising investor participation, as indicated by a 14.05% increase in delivery volume, suggests that there is still interest in the stock, which could support its price in the future despite the current dip.