Why is ZF Commercial falling/rising?

As of 23-Jun, ZF Commercial Vehicle Control System India Ltd's stock price is currently at Rs 13,022.00, reflecting a decrease of Rs 110.2, or 0.84%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.37% during this period. It opened significantly lower today, down 4.05%, and reached an intraday low of Rs 12,600. Despite this decline, the stock has outperformed its sector by 0.27% today. Over the past week, the stock has underperformed the Sensex, with a return of -2.09% compared to the benchmark's slight gain of 0.12%. However, on a year-to-date basis, the stock has shown a positive return of 8.22%, significantly outperforming the Sensex's 4.81% gain. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 46.83%.
In the broader market context, the stock's recent performance contrasts with the overall positive movement of the Sensex, particularly in the short term. While the stock has struggled recently, it has shown resilience over longer periods, such as a 78.82% increase over three years. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock despite its recent declines. Additionally, high institutional holdings at 28.9% may provide some stability, as these investors typically possess the resources to analyze the company's fundamentals more effectively than retail investors. Overall, while the stock is currently facing downward pressure, its long-term growth potential and strong fundamentals may support a more favorable outlook in the future.