Why is Steel Str. Wheel falling/rising?

As of 01-Aug, Steel Strips Wheels Ltd is experiencing a decline in its stock price, currently at 219.45, which reflects a decrease of 11.55 or 5.0%. The stock has underperformed its sector by 3.78% today and has been on a downward trend for the last two days, accumulating a total drop of 7.95%. Although the stock opened with a gain of 2.08% and reached an intraday high of Rs 235.8, it also hit a low of Rs 215, indicating significant volatility with an intraday fluctuation of 6.24%. Over the past week, the stock has fallen by 8.79%, and its performance over the last month shows a decline of 15.97%, while the year-to-date return stands at a positive 10.69%. Despite the recent downturn, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 17.04% and healthy long-term growth, as evidenced by an annual operating profit growth rate of 31.20%. However, the stock's profits have decreased by 4.5% over the past year, contributing to the negative sentiment.
In the broader market context, Steel Strips Wheels Ltd has underperformed compared to the Sensex, which has only declined by 1.06% over the past week. The stock's recent struggles are compounded by the fact that it has been losing value while institutional investors have increased their stake by 1.42%, indicating a mixed sentiment among market participants. The stock is trading at a discount compared to its peers' historical valuations, which may attract some investors looking for value, but the overall negative returns in the short term suggest caution. The volatility and recent price movements highlight the challenges the stock is facing in the current market environment.