Why is Supreme Inds. falling/rising?

As of 10-Sep, Supreme Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,285.70, which reflects a decrease of Rs 91.15 or 2.08%. The stock has been underperforming, having fallen consecutively for the last five days with a total decline of 7.06% in that period. Today's performance indicates that it underperformed its sector by 1.5%, and it reached an intraday low of Rs 4,250, marking a 2.9% drop. While the stock is currently above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Despite this downturn, there is a notable increase in investor participation, with delivery volume rising by 126.32% compared to the 5-day average, suggesting some level of interest amidst the price decline.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.06% over the past week. Year-to-date, Supreme Industries has seen a decline of 8.99%, while the Sensex has increased by 4.21%. The company maintains strong long-term fundamentals, with an average return on equity of 22.73% and healthy net sales growth of 15.23% annually. Additionally, high institutional holdings at 36.54% indicate confidence from larger investors, which could provide some support for the stock. However, the recent price movements suggest that short-term pressures are outweighing these positive factors, contributing to the stock's current downward trajectory.