Why is Timex Group falling/rising?

As of 18-Jul, Timex Group India Ltd's stock price is currently at 223.70, reflecting a decrease of 1.5, or 0.67%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.28%. In the past week, the stock has decreased by 0.75%, while over the last month, it has seen a significant drop of 12.58%. Despite these short-term declines, the company has demonstrated strong long-term performance, with a 40.16% increase over the past year and an impressive 972.90% rise over the last five years. The company's positive financial indicators, such as a low Debt to EBITDA ratio of 0.44 times and consistent growth in net sales and profits over the last three quarters, suggest a strong ability to service debt and maintain healthy long-term growth.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has decreased by 0.90% over the past week and increased by 0.38% over the last month. While Timex Group has outperformed the benchmark in the long term, its recent underperformance relative to the sector, indicated by a 0.53% decline today, may reflect falling investor participation, as evidenced by a 12.19% drop in delivery volume compared to the five-day average. This combination of factors suggests that while the company has strong fundamentals, short-term market dynamics and investor sentiment are currently weighing on its stock price.