Why is Cello World falling/rising?

As of 20-Jun, Cello World Ltd's stock price is currently at 580.00, reflecting a decrease of 15.0 or 2.52%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.24% during this period. Additionally, it has underperformed its sector by 2.83% today. The stock has also touched an intraday low of Rs 559.9, indicating significant selling pressure. Over the past week, Cello World has seen a return of -3.72% and a year-to-date return of -23.38%, both of which are considerably lower than the Sensex, which has gained 1.59% and 5.46% respectively. Despite having a high return on equity (ROE) of 15.63% and low debt levels, the company has shown poor long-term growth, with operating profit growing at only 16.17% annually over the last five years, contributing to its recent price decline.
Broader Market Context: In the context of the broader market, Cello World Ltd's performance has been notably weak compared to the Sensex, which has shown positive returns both in the short term and year-to-date. The stock's significant underperformance, particularly with a one-year return of -34.75% against the Sensex's 6.36%, highlights a concerning trend for investors. The falling investor participation, indicated by a decline in delivery volume, further exacerbates the stock's liquidity issues, making it less attractive to potential buyers. Overall, the combination of poor recent performance, high valuation concerns, and lack of growth prospects has led to a negative sentiment surrounding Cello World Ltd, contributing to its declining stock price.