Why is Sharda Motor falling/rising?

As of 09-Jul, Sharda Motor Industries Ltd is experiencing a decline in its stock price, currently at 1,079.95, reflecting a decrease of 58.05 points or 5.1%. The stock has underperformed its sector by 5.79% today and has been on a downward trend, falling consecutively for the last two days with a total return drop of 11.56%. Despite a strong long-term fundamental strength indicated by a healthy average Return on Equity (ROE) of 25.69% and significant growth in net sales and operating profit, the stock has generated a negative return of -26.48% over the past year. The recent price movement is also influenced by falling investor participation, as evidenced by a 12.72% decline in delivery volume compared to the five-day average.
In the broader market context, Sharda Motor's short-term performance over the past week shows a gain of 3.65%, while the benchmark Sensex has only increased by 0.15%. However, the stock's recent decline contrasts with its strong long-term performance, where it has outperformed the Sensex significantly over three and five years, with returns of 177.09% and 1266.51%, respectively. The current price is trading at a premium compared to its peers, which may be contributing to the volatility and recent sell-off, despite the company's solid fundamentals and growth potential.