Why is ZF Commercial falling/rising?

As of 14-Jul, ZF Commercial Vehicle Control System India Ltd is experiencing a slight increase in its stock price, currently at 12,980.20, reflecting a change of 47.2 (0.36%) upward. Despite this positive movement today, the stock has underperformed its sector by 1.03% and opened with a significant loss of 8.68%, reaching an intraday low of Rs 11,811. The stock has shown a wide trading range of Rs 1,247.4 and has gained after two consecutive days of decline. Over the past week, the stock has decreased by 1.14%, and over the past month, it has fallen by 2.51%. However, it has shown a year-to-date increase of 7.87%, indicating some resilience. The company benefits from a low debt-to-equity ratio and strong operating profit growth, which may support its stock price in the long term.
In the broader market context, the Sensex has declined by 1.42% over the past week and increased by 1.40% over the past month, suggesting that the market is experiencing volatility. While ZF Commercial's short-term performance has been weaker compared to the benchmark, its long-term returns over three years and five years have outperformed the Sensex. The stock's high institutional holdings at 28.9% indicate confidence from larger investors, which could provide stability despite recent fluctuations. Overall, while the stock has faced challenges recently, its fundamentals and institutional support may contribute to its potential for recovery.