Why is Power Mech Proj. falling/rising?

As of 08-Jul, Power Mech Projects Ltd is currently priced at Rs 3,260.00, reflecting a decrease of Rs 1.15 or 0.04%. Today's price summary indicates that the stock has underperformed its sector by 0.37%, with an intraday low of Rs 3,190, marking a decline of 2.18%. Over the past week, the stock has seen a decline of 1.21%, although it has performed well over the longer term, with a 7.27% increase over the past month and a remarkable 26.46% rise year-to-date. Despite this positive long-term performance, the stock's recent movement may be influenced by falling investor participation, as evidenced by a 22.72% drop in delivery volume compared to the 5-day average.
In the broader market context, while Power Mech Projects Ltd has outperformed the Sensex in the long term, generating a return of 33.20% over the past year compared to the Sensex's 4.69%, its short-term performance has not mirrored this success. The stock's recent decline may be attributed to its underperformance relative to the benchmark, which has seen a slight increase of 0.02% over the past week. Despite the company's strong fundamentals, including healthy growth in net sales and operating profit, the current market dynamics and reduced trading volume may be contributing to the stock's recent price decline.