Why is Shakti Pumps falling/rising?

As of 08-Aug, Shakti Pumps (India) Ltd is currently priced at Rs 831.70, reflecting a decline of Rs 40.8 or 4.68%. The stock has underperformed its sector by 1.76% today, reaching an intraday low of Rs 824.6, which represents a drop of 5.49%. Over the past week, the stock has decreased by 6.92%, and it has also shown a significant decline of 9.89% over the past month. Despite a strong long-term performance with a 972.21% increase over three years, recent returns have been disappointing, with a year-to-date decline of 21.84%. The company maintains a high management efficiency with a return on equity of 19.67% and a low debt-to-equity ratio of 0.08, indicating financial stability. However, the stock's consistent underperformance in the short term may be influencing investor sentiment negatively.
In the broader market context, Shakti Pumps has significantly lagged behind the benchmark Sensex, which has gained 2.20% year-to-date, while Shakti Pumps has seen a substantial decline. The sector of Compressors/Pumps has also experienced a downturn, falling by 3.07%. Despite a notable increase in investor participation, with delivery volume rising by 106.94% against the five-day average, the overall market conditions and sector performance appear to be weighing heavily on the stock's price. The combination of short-term underperformance relative to the benchmark and sector challenges contributes to the current decline in Shakti Pumps' stock price.