Why is Steel Str. Wheel falling/rising?

As of 30-Sep, Steel Strips Wheels Ltd is currently priced at 226.65, reflecting a decrease of 0.95, or 0.42%. The stock has been on a downward trend, losing value for the last eight days and experiencing a total decline of 8.98% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 5.25% return over the past year, while its net sales have grown at an annual rate of 30.50%. The company also boasts a high return on capital employed (ROCE) of 17.04%, indicating efficient management. However, it is important to note that the stock's profits have fallen by 2.2% over the same period, which may contribute to the recent price decline.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, as it has declined by 5.84% over the past week compared to a 2.23% drop in the Sensex. Despite this, Steel Strips Wheels Ltd has outperformed the market over the longer term, with a year-to-date return of 14.33% compared to the Sensex's 2.72%. The recent increase in institutional investor participation, which has risen by 1.42% in the last quarter, suggests a positive outlook from more sophisticated investors, potentially stabilizing the stock in the future. However, the ongoing decline in price may reflect market concerns regarding the recent profit drop and the stock's performance relative to its moving averages.