Why is Sharda Motor falling/rising?

As of 13-Aug, Sharda Motor Industries Ltd is experiencing a price increase, currently at 1,050.40, reflecting a change of 9.55 (0.92%) upward. Despite this positive movement today, the stock has underperformed its sector by 0.7%. The stock's performance over the past week shows a slight gain of 1.18%, while it has a marginal increase of 0.04% over the past month. However, it has significantly underperformed over the past year with a decline of 21.64%. The company boasts strong long-term fundamentals, including an average Return on Equity (ROE) of 25.69% and healthy growth in net sales and operating profit. Nevertheless, the stock's recent performance has been affected by a notable drop in investor participation, with delivery volume falling by 56.15% against the 5-day average.
In the broader market context, the stock's short-term return of 1.18% over the past week contrasts with the Sensex, which has remained flat at -0.01%. While the stock has shown resilience in the long term with a 180.52% increase over the past three years, it has faced challenges in the last year, significantly underperforming the market, which only saw a decline of 0.64%. The stock is currently trading at a premium compared to its peers, indicating a fair valuation despite its recent struggles. Overall, while there are strong fundamentals supporting the stock, the recent underperformance and declining investor interest may be contributing factors to its fluctuating price movements.