Why is CIE Automotive falling/rising?

As of 22-Jul, CIE Automotive India Ltd is experiencing a decline in its stock price, currently at Rs 424.00, which reflects a decrease of Rs 5.0 or 1.17%. The stock opened lower today, with a gap down of 2.04%, and reached an intraday low of Rs 420.25. Over the past week, the stock has decreased by 1.97%, and it has shown a significant decline of 28.50% over the past year, while its profits have also fallen by 8.7%. Despite having a low debt-to-equity ratio and strong long-term fundamentals, the stock's performance has been negatively impacted by a substantial drop in investor participation, with delivery volume falling by 62.73% against the 5-day average. Additionally, while the stock is trading at a fair value compared to its peers, the overall negative returns suggest a challenging environment for the company.
In the broader market context, CIE Automotive's short-term performance has been worse than the benchmark Sensex, which has only declined by 0.47% over the past week. This underperformance is further highlighted by the stock's year-to-date return of -9.92%, contrasting sharply with the Sensex's gain of 5.18% during the same period. The high institutional holdings at 25.68% indicate that more knowledgeable investors are involved, yet the overall market sentiment appears to be weighing down the stock's price.