Why is Sharda Motor falling/rising?

As of 26-Sep, Sharda Motor Industries Ltd is experiencing a decline in its stock price, currently at 1,048.00, which reflects a decrease of 44.05 or 4.03%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.27% during this period. Today's trading saw the stock touch an intraday low of Rs 1044.3, and the volume traded was significantly lower than average, indicating a drop in investor participation. Although the company has strong long-term fundamentals, including a healthy return on equity and low debt levels, it has faced challenges such as flat results in June and a recent decline in profits, which may be contributing to the current price movement.
In the broader market context, Sharda Motor's short-term performance has outperformed the benchmark Sensex over the past week, with a decline of 2.20% compared to the Sensex's 2.66%. However, the stock's year-to-date performance shows a positive return of 12.99%, significantly higher than the Sensex's 2.93%. Despite these positive long-term indicators, the recent negative trends in stock performance and investor engagement suggest a cautious sentiment among investors, which may be influencing the current downward price movement.