Why is Sharda Motor falling/rising?

As of 10-Jul, Sharda Motor Industries Ltd is experiencing a decline in its stock price, currently at 1,065.80, which reflects a decrease of 14.15 points or 1.31%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 12.71% during this period. Despite a positive performance over the past month with a return of 9.32%, the stock's year-to-date return stands at 14.91%. However, it has significantly underperformed over the past year with a return of -24.12%. Additionally, today's trading volume indicates a decrease in investor participation, with delivery volume down by 21.69% compared to the five-day average, suggesting reduced interest among investors.
In the broader market context, Sharda Motor's recent performance contrasts with the Sensex, which has seen a slight decline of 0.06% over the past week. While the stock has shown strong long-term fundamentals, including a healthy return on equity of 25.69% and significant growth in net sales and operating profit, its current valuation appears to be under pressure as it trades at a premium compared to peers. The stock's recent struggles, combined with falling investor participation and a negative short-term trend, have contributed to its current price decline.