Why is Austin Engg Co falling/rising?

As of 18-Sep, Austin Engineering Company Ltd is experiencing a decline in its stock price, currently at 165.15, reflecting a decrease of 4.35 or 2.57%. The stock has underperformed its sector by 2.63% today and has fallen after two consecutive days of gains. Over the past week, the stock has decreased by 1.78%, while it has shown a more positive performance over the past month with an increase of 8.12%. However, the stock's year-to-date return is down by 13.06%, and it has significantly underperformed over the past year with a return of -28.54%. The stock's return on equity (ROE) is at 5.9, indicating a very attractive valuation, but it also reflects weak long-term fundamental strength with a poor growth rate in net sales.
In the broader market context, the Sensex has increased by 1.80% over the past week, contrasting with Austin Engineering's decline, which highlights its underperformance relative to the market. While the stock has shown some resilience over a longer three-year period with a return of 50.14%, the recent trend indicates a lack of investor confidence, as evidenced by a 44.31% drop in delivery volume compared to the five-day average. The stock's liquidity remains adequate for trading, but the overall sentiment is negatively impacted by flat results and a low return on capital employed (ROCE) of 7.57%. This combination of factors suggests that investors are cautious about the company's long-term growth prospects, contributing to the current downward movement in its stock price.