Why is Waaree Renewab. falling/rising?

As of 15-Sep, Waaree Renewable Technologies Ltd's stock price is currently at 1,091.75, reflecting a decrease of 9.65 points or 0.88%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.77% during this period. Despite this recent downturn, the stock has shown positive performance over the past week and month, with increases of 7.74% and 9.42%, respectively. The company has demonstrated strong financial health, with a robust EBIT to Interest ratio of 14.70 and consistent growth in net sales and profits, which may support its long-term value despite the current price drop.
In the broader market context, while Waaree Renewable Technologies has experienced a short-term decline, it has outperformed the Sensex over the past week and month, which saw gains of 1.24% and 1.47%, respectively. However, the stock's year-to-date performance is notably poor, down 18.70%, contrasting sharply with the Sensex's positive return of 4.67%. This disparity indicates that while the company has strong fundamentals and growth potential, market sentiment may be affecting its short-term price movements, leading to the current decline despite its positive long-term outlook.