Why is Pennar Industrie falling/rising?

As of 23-Sep, Pennar Industries Ltd is currently priced at 245.60, reflecting a slight decrease of 0.1, or -0.04%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 2%. Today's performance shows that it has underperformed its sector by 1.33%. Despite this recent downturn, the stock has demonstrated strong long-term growth, with a year-to-date return of 26.89% and a remarkable 42.21% return over the past year. The company has consistently reported positive results over the last five quarters, with a healthy operating profit growth rate of 35.23%. Additionally, institutional investors have increased their stake in the company, indicating confidence in its fundamentals.
Broader market context reveals that while Pennar Industries has experienced a decline in the short term, it has significantly outperformed the benchmark Sensex over the past year, which has seen a decline of 3.33%. The stock's recent performance is contrasted by its strong historical returns, particularly over the last three years, where it has generated a staggering 443.36% return compared to the benchmark's 41.31%. However, the recent drop in delivery volume and the stock trading below its shorter-term moving averages suggest some caution among investors. Overall, while the stock is facing short-term challenges, its long-term fundamentals remain strong, supported by positive financial metrics and increasing institutional interest.