Why is BMW Industries falling/rising?

As of 01-Aug, BMW Industries Ltd is experiencing a decline in its stock price, currently at Rs 47.99, which reflects a decrease of Rs 1.4 or 2.83%. The stock has underperformed its sector by 1.67% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 5.9% during this period. Additionally, the stock has shown significant underperformance over the past week and month, with returns of -6.71% and -11.80%, respectively. The stock is trading below all key moving averages, indicating a bearish trend, and there has been a slight decline in investor participation, with delivery volume falling by 0.26% against the 5-day average. Furthermore, despite an attractive valuation with a return on capital employed (ROCE) of 12.2, the stock's profits have decreased by 3.7% over the past year, contributing to its negative performance.
In the broader market context, BMW Industries has significantly underperformed compared to the benchmark, with a one-year return of -32.28% against the BSE500's decline of only -4.13%. This stark contrast highlights the company's struggles, particularly in light of poor long-term growth metrics, such as net sales growth of only 3.01% annually and a substantial drop in profit after tax (PAT) by 19% in the latest quarter. The lack of investment from domestic mutual funds, which hold 0% of the company, further suggests a lack of confidence in the stock's future prospects. Overall, these factors indicate a challenging environment for BMW Industries, contributing to its recent stock price decline.