Why is Power Mech Proj. falling/rising?

As of 18-Jul, Power Mech Projects Ltd is experiencing a decline in its stock price, currently at 3,270.00, which reflects a decrease of 19.9 points or 0.6%. The stock has shown a trend reversal, falling after three consecutive days of gains. Despite this recent drop, the stock has performed well over the past month, with a return of 5.20%, and has generated a significant year-to-date return of 26.84%. However, today's trading volume indicates a falling investor participation, with delivery volume down by 59.41% compared to the five-day average. The stock remains liquid enough for trading, but it is currently trading lower than its five-day moving averages while being above the longer-term moving averages.
In the broader market context, Power Mech Projects Ltd's short-term performance of -0.18% over the past week is better than the benchmark Sensex, which has declined by 0.90%. The company has demonstrated healthy long-term growth, with net sales and operating profit increasing significantly, and it has declared positive results for the last three consecutive quarters. High institutional holdings at 28.39% suggest confidence from larger investors, which may provide stability. Despite the recent price drop, the stock's attractive valuation and consistent returns over the past three years indicate a strong underlying performance compared to the broader market.