Why is Va Tech Wabag falling/rising?

As of 01-Aug, Va Tech Wabag Ltd is experiencing a slight decline in its stock price, currently at 1,579.00, reflecting a decrease of 1.0 or 0.06%. The stock has been under pressure, having fallen consecutively for the last two days with a total decline of 2.28%. Despite this recent downturn, the stock has outperformed its sector by 0.71% today. Over the past week, it has decreased by 2.66%, while showing a strong performance over the past month with an increase of 11.04%. The company maintains a low debt-to-equity ratio and has reported positive financial metrics, including a significant operating profit to interest ratio and high cash reserves, which contribute to its fair valuation. However, the recent drop in delivery volume by 61.53% compared to the 5-day average indicates falling investor participation, which may be influencing the stock's current price movement.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 1.06% over the past week. While Va Tech Wabag has shown strong returns over longer periods, including a remarkable 549.26% increase over the last three years, its year-to-date performance is down by 4.01%, compared to the Sensex's gain of 3.15%. This divergence suggests that while the company has solid fundamentals and institutional support, the short-term pressures and reduced trading activity may be weighing on its stock price, leading to the current decline despite its overall positive trajectory in the longer term.