Why is Orbit Exports falling/rising?

As of 17-Jul, Orbit Exports Ltd is currently priced at Rs 211.60, reflecting a decline of Rs 2.9 or 1.35%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decrease of 2.87% during this period. Despite touching an intraday high of Rs 218.95, the stock's performance today has been characterized by a weighted average price closer to its low of Rs 210.05. Over the past week, the stock has decreased by 0.87%, while it has shown a significant increase of 19.35% over the past month. The company maintains a low debt-to-equity ratio and a fair valuation, with a return on equity of 14.3%. However, it is trading at a premium compared to its peers, which may be contributing to the recent price decline.
In the broader market context, the Sensex has also experienced a slight decline of 1.12% over the past week, indicating that the stock's short-term performance is somewhat in line with the overall market trend. Despite this, Orbit Exports has outperformed the benchmark over longer periods, including a 17.36% return over the past year compared to the Sensex's 1.91%. The stock's recent underperformance against its sector by 1.63% today and the higher trading volume near its low price suggest a cautious sentiment among investors. Nonetheless, the rising investor participation, with a significant increase in delivery volume, indicates potential interest that could support future price recovery.