Why is Swaraj Engines falling/rising?

As of 25-Sep, Swaraj Engines Ltd is currently priced at 4,174.70, reflecting a decrease of 29.4 points or 0.7%. The stock has been experiencing a downward trend, having lost 7.11% over the last two days. Despite this recent decline, the stock has shown a positive performance over the past month, with a 1.45% increase, and a substantial year-to-date gain of 41.10%. The company has demonstrated strong financial health, with a high return on equity (ROE) of 36.97% and consistent growth in net sales and operating profit. However, the stock is currently trading below its short-term moving averages, which may contribute to the recent price decline.
In the broader market context, Swaraj Engines has underperformed compared to the Sensex in the short term, with a 1-week return of -6.07% against the benchmark's -2.23%. This indicates that while the stock has strong long-term fundamentals, its recent performance has been negatively impacted by broader market trends. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the company has shown consistent returns and strong financial metrics, the short-term price movement reflects a combination of market conditions and recent performance trends.