Why is CIE Automotive falling/rising?

As of 04-Aug, CIE Automotive India Ltd is experiencing a slight increase in its stock price, currently at 406.50, with a change of 1.1 or 0.27% upward. The stock has shown a performance of +0.43% over the past week, although it has underperformed its sector by -1.6% today. Despite a recent two-day gain of 0.84%, the stock is trading below its moving averages across multiple time frames, indicating potential weakness. Additionally, the delivery volume has decreased by -5.1% compared to the five-day average, suggesting falling investor participation. Over the past year, the stock has faced a significant decline of -29.49%, while its profits have decreased by -8.7%, highlighting ongoing challenges despite a healthy long-term growth rate in operating profit of 34.67%.
In the broader market context, CIE Automotive's short-term performance of +0.43% over the past week contrasts with the Sensex's modest gain of +0.16%, indicating a relatively stronger performance compared to the benchmark. However, the stock's year-to-date decline of -13.64% stands in stark contrast to the Sensex's increase of +3.69%, reflecting broader market challenges. The company benefits from a low debt-to-equity ratio and high institutional holdings at 25.68%, which may provide some stability and confidence among investors. Nonetheless, the overall negative return over the past year and declining profits suggest that investors remain cautious about the stock's future performance.