Why is Tamboli Industri falling/rising?

As of 17-Jul, Tamboli Industries Ltd is experiencing a decline in its stock price, currently at Rs 169.55, which reflects a decrease of Rs 2.8 or 1.62%. Despite opening with a gain of 3.22% and reaching an intraday high of Rs 177.9, the stock has underperformed its sector by 1.29%. Over the past week, the stock has seen a slight decline of 0.85%, but it has performed well over the past month with a return of 5.84%. The stock's long-term performance is notable, with a 31.43% increase over the past year, significantly outperforming the broader market, which has only seen a 0.26% return. However, the stock's recent movement is impacted by its weak long-term fundamental strength, indicated by a low average Return on Equity (ROE) of 9.83% and modest growth in net sales.
In the broader market context, while Tamboli Industries has shown strong performance over the past year, its recent decline contrasts with the overall market trends. The stock's performance today, despite a strong opening, reflects a broader sentiment that may be influenced by its weak long-term growth prospects and a high Price to Book Value compared to peers. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests some level of interest, but the overall liquidity and trading dynamics indicate caution among investors. This combination of factors contributes to the stock's current downward movement despite its historical performance.