Why is Sharda Motor falling/rising?

As of 19-Sep, Sharda Motor Industries Ltd is currently priced at 1,073.50, reflecting a slight increase of 1.2 (0.11%). The stock has been gaining for the last two days, with a total return of 1.37% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume falling by 12.14% compared to the 5-day average. Despite a year-over-year decline of 12.11% in stock returns, the company demonstrates strong long-term fundamentals, including a robust average return on equity (ROE) of 25.69% and significant growth in net sales and operating profit.
In the broader market context, Sharda Motor's short-term performance of +3.34% over the past week outpaces the Sensex's return of +0.88%, suggesting that the stock is performing well relative to the benchmark. However, it has underperformed over the past year, with a decline that is significantly greater than the market's overall negative return of -0.67%. While the stock is trading at a premium compared to its peers, the recent flat results and the decline in investor participation may pose risks to its continued upward movement.