Why is Supreme Inds. falling/rising?

As of 06-Aug, Supreme Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,168.50, which reflects a decrease of Rs 99.75 or 2.34%. The stock has underperformed its sector by 1.02% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 2.97% in that period. The stock touched an intraday low of Rs 4,157.2, and its delivery volume has significantly decreased by 74.71% compared to the 5-day average, indicating falling investor participation. Despite its strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 22.73% and a low Debt to Equity ratio, the recent performance reflects a challenging short-term outlook.
In the broader market context, the stock's performance over the past week shows a slight decline of 0.22%, while the benchmark Sensex has fallen by 1.15%, indicating that the stock has outperformed the market slightly in this timeframe. However, over the past month, Supreme Industries Ltd has seen a decline of 2.19%, compared to a 3.46% drop in the Sensex, suggesting a relatively better performance against the benchmark. The company's significant institutional holdings of 36.54% may provide some stability, but the recent liquidity concerns and declining trading volumes could be contributing to the downward pressure on the stock price.