Why is Bajaj Electrical falling/rising?

As of 23-Sep, Bajaj Electricals Ltd is currently priced at 575.30, reflecting a decrease of 7.5 points or 1.29%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.86% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has generated a return of -41.25% over the past year, with profits declining by 26.1%. Despite having a low debt-to-equity ratio and high institutional holdings, the significant drop in operating cash flow and a drastic fall in profit after tax have contributed to the stock's negative performance.
In the broader market context, Bajaj Electricals has underperformed the Sensex, which has seen a slight increase of 0.98% over the past month, while Bajaj Electricals itself has declined by 1.88%. Over the last three years, the stock has consistently lagged behind the benchmark, generating a return of -46.36% compared to the Sensex's gain of 41.31%. This consistent underperformance, coupled with falling investor participation and liquidity concerns, suggests a challenging environment for Bajaj Electricals, reinforcing the perception of it being a strong sell.