Why is A B B falling/rising?

As of 15-Jul, ABB India Ltd's stock price is currently at 5,606.55, reflecting a decrease of 47.35 points, or 0.84%. The stock has been underperforming, having lost 5.02% over the last four days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has declined by 4.13%, and over the last month, it has fallen by 6.46%. Despite a high management efficiency indicated by a return on equity of 15.88% and consistent positive results over the last 17 quarters, the stock's valuation appears expensive with a price-to-book ratio of 16.8. This, combined with a significant underperformance of -32.04% over the past year against a backdrop of rising profits, suggests that investors may be cautious about its future prospects.
Broader market context indicates that ABB India Ltd has significantly lagged behind the benchmark Sensex, which has gained 1.79% over the past month and 5.67% year-to-date. The stock's recent performance has been particularly poor compared to the broader market, as it has underperformed the BSE500, which generated a return of 0.37% in the last year. While there has been a rise in investor participation, as evidenced by a 128.38% increase in delivery volume, the overall sentiment remains negative due to the stock's consecutive declines and its inability to keep pace with market trends.