Why is Timex Group falling/rising?

As of 28-Jul, Timex Group India Ltd's stock price is currently at Rs 201.40, reflecting a decrease of Rs 10.6 or 5.0%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 9.67%. In the past week, the stock has decreased by 8.85%, and over the last month, it has dropped 11.10%. Despite these short-term declines, the company has demonstrated strong long-term performance, with an 18.86% increase over the past year and an impressive 894.57% rise over the last five years. The company has also shown a healthy ability to service its debt, with a low Debt to EBITDA ratio of 1.10 times, and has reported positive results for the last three consecutive quarters, indicating solid operational growth.
Broader market context indicates that while Timex Group has faced short-term challenges, it has outperformed the benchmark Sensex in the long term, particularly over three years, where it achieved a return of 193.80% compared to the Sensex's 42.27%. In the short term, the stock's performance has lagged behind the benchmark, which has only declined by 1.59% over the past week. This underperformance relative to the broader market may contribute to investor sentiment affecting the stock's price negatively. However, the rising investor participation, as indicated by a significant increase in delivery volume, suggests that there is still interest in the stock, which may help stabilize its price in the future.