Why is A B B falling/rising?

As of 26-Aug, ABB India Ltd's stock price is currently at 5,025.00, reflecting a decrease of 78.7 points or 1.54%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the past week, the stock has seen a slight decline of 0.99%, and over the past month, it has dropped by 10.98%. Despite a healthy long-term growth rate in operating profit and a low debt-to-equity ratio, the company reported a significant decline in quarterly profit after tax, which fell by 20.3%. This, combined with the lowest operating profit to net sales ratio at 13.04%, has contributed to the stock's negative performance, leading to a year-to-date decline of 27.38% compared to a positive return of 3.39% for the benchmark.
In the broader market context, ABB India Ltd has underperformed significantly compared to the benchmark index, with a one-year return of -35.50% against the BSE500's decline of only -3.87%. This stark contrast highlights the stock's struggles relative to the market, further exacerbated by its high valuation metrics, including a price-to-book value of 14.8, which suggests it may be overvalued compared to its peers. While there has been a rise in investor participation, as indicated by a 12.01% increase in delivery volume, the overall sentiment remains cautious due to the company's recent financial performance and its inability to keep pace with market trends.