Why is Sharda Motor falling/rising?

As of 11-Jul, Sharda Motor Industries Ltd is experiencing a decline in its stock price, currently at 1,050.00, which reflects a decrease of 15.8 points or 1.48%. The stock has been underperforming, having lost 14.01% over the last four days and underperformed its sector by 0.8% today. Despite a positive performance over the past month with a 6.60% increase, the stock has seen a significant decline of 23.08% over the past year. The stock's delivery volume has also decreased significantly, falling by 62.81% against the 5-day average, indicating reduced investor participation. While the stock is trading above its longer-term moving averages, it is below the 5-day moving average, suggesting recent weakness.
In the broader market context, Sharda Motor's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week. The company's strong long-term fundamentals, including a robust average Return on Equity (ROE) of 25.69% and healthy growth in net sales and operating profit, provide a solid foundation. However, the stock's fair valuation and premium pricing compared to peers may be contributing to its recent struggles, especially given the negative sentiment reflected in its year-over-year performance. Overall, while the company has strong fundamentals, the recent price movement indicates a challenging short-term outlook amidst declining investor interest.