Why is SKF India falling/rising?

As of 25-Sep, SKF India Ltd. is experiencing a slight decline in its stock price, currently at 4,749.10, reflecting a decrease of 0.65 or 0.01%. The stock has underperformed its sector by 0.38% today, and the delivery volume has significantly dropped by 45.28% compared to the 5-day average, indicating falling investor participation. Despite this, the stock has shown a positive performance over the past month with a return of 5.07%, while the year-to-date return stands at 5.82%. However, over the past year, the stock has declined by 12.49%, contrasting with a modest decline of 4.71% in the benchmark. The company benefits from high management efficiency, reflected in a robust return on equity (ROE) of 21.42%, and a low debt-to-equity ratio, which supports its financial stability. Additionally, the high institutional holdings at 34.16% suggest that knowledgeable investors are backing the company, although the recent price movement indicates some caution among retail investors.
In the broader market context, SKF India's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 1.96% over the past month. However, the stock's recent decline may be influenced by the overall market sentiment, which has seen the Sensex drop by 2.23% in the past week. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume could signal a lack of confidence among investors. Overall, while SKF India has strong fundamentals, the recent price movement reflects a combination of sector underperformance and reduced investor engagement.