Why is Supreme Inds. falling/rising?

As of 05-Aug, Supreme Industries Ltd is experiencing a decline in its stock price, currently at 4,274.95, which reflects a decrease of 21.35 points or 0.5%. The stock has underperformed its sector today by 0.31%, and its delivery volume has significantly dropped by 33.25% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 0.86%, while it has shown a modest increase of 0.31% over the past month. However, its year-to-date performance is down by 9.21%, and it has also underperformed over the past year with a decline of 13.99%. Despite these short-term challenges, the company maintains strong long-term fundamentals, including a healthy average return on equity of 22.73% and a low debt-to-equity ratio, which may support its stability in the long run.
In the broader market context, the Sensex has also seen a slight decline of 0.77% over the past week, suggesting that the market conditions are generally unfavorable. However, Supreme Industries has outperformed the benchmark over a longer time frame, with a remarkable 128.59% increase over the past three years compared to the Sensex's 38.23%. This indicates that while the stock is currently facing short-term pressures, its historical performance and strong institutional holdings at 36.54% suggest that there is confidence in its long-term growth potential. The company's significant market capitalization and its contribution to the sector further highlight its importance, even as it navigates current market challenges.