Why is Schaeffler India falling/rising?

As of 05-Sep, Schaeffler India Ltd's stock price is currently at 3,777.00, reflecting a decrease of 26.35 points, or 0.69%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 2.83% during this period. Additionally, over the past week, the stock has decreased by 2.44%, while its performance over the last month shows a significant drop of 9.19%. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, such as a healthy operating profit growth rate of 40.99% and a low debt-to-equity ratio. However, the stock's high valuation, indicated by a Price to Book Value of 10.9 and a PEG ratio of 4.5, raises concerns about its current pricing relative to its earnings growth.
Broader market context reveals that while Schaeffler India has struggled, the benchmark Sensex has shown resilience, gaining 1.13% over the past week and remaining flat over the last month. This consistent underperformance against the benchmark, particularly over the last three years, highlights the stock's challenges in attracting investor confidence despite its strong institutional holdings of 20.57%. The recent rise in investor participation, with a significant increase in delivery volume, suggests some interest, but the overall trend indicates that the stock is facing headwinds in a market that is performing better.