Why is 3M India falling/rising?

As of 20-Aug, 3M India Ltd. is experiencing a decline in its stock price, currently at 30,815.00, which reflects a decrease of 585.0 or 1.86%. Today's performance indicates that the stock has underperformed its sector by 1.42% and has fallen after two consecutive days of gains. Despite being higher than the 5-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 20-day moving average. Over the past week, the stock has shown a positive return of 1.65%, and over the past month, it has increased by 3.10%. However, on a year-to-date basis, it lags behind the benchmark with a return of 1.34% compared to the Sensex's 4.76%. The company benefits from high management efficiency, a low debt-to-equity ratio, and healthy long-term growth in operating profit, which has grown at an annual rate of 50.52%.
In the broader market context, while 3M India has shown positive returns in the short term, it has underperformed relative to the Sensex, which has gained 1.64% over the past week. The stock's liquidity appears adequate, with a delivery volume increase of 31.87% against the 5-day average, suggesting rising investor participation. However, the overall decline today may be attributed to the recent trend reversal and the stock's inability to maintain momentum after previous gains. Despite the positive factors such as strong management efficiency and growth potential, the current market sentiment appears to be weighing on the stock's performance.