Why is Swaraj Engines falling/rising?

As of 17-Oct, Swaraj Engines Ltd is experiencing a decline in its stock price, currently at Rs 3,959.95, which reflects a decrease of Rs 163.9 or 3.97%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 9.33% during this period. Today's performance indicates that it underperformed its sector by 4.61%, with an intraday low of Rs 3,945.1. Despite a strong year-to-date return of 33.84%, the stock has seen a significant drop of 11.39% over the past month, which contrasts sharply with the Sensex's positive performance of 1.52% in the same timeframe. The stock's moving averages indicate it is currently lower than the 5-day, 20-day, 50-day, and 100-day averages, although it remains above the 200-day moving average.
In the broader market context, the stock's recent performance has been notably weaker compared to the benchmark, as it has declined by 6.71% over the past week while the Sensex gained 1.76%. Although the company boasts high management efficiency with a return on equity (ROE) of 36.97% and a low debt-to-equity ratio, these positive factors have not been sufficient to counteract the recent price decline. The stock is trading at a premium compared to its peers, and while it has generated consistent returns over the past three years, the recent downturn suggests that investor sentiment may be shifting, possibly due to the stock's high valuation relative to its earnings growth.