Why is CIE Automotive falling/rising?

As of 08-Aug, CIE Automotive India Ltd is currently priced at 399.10, reflecting a decrease of 0.9, or 0.22%. The stock has been on a downward trend, having fallen for the last three days, resulting in a total decline of 2% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite this, the stock has outperformed its sector by 1.1% today, and there has been a notable increase in delivery volume, which rose by 15.58% compared to the 5-day average. Over the past year, the stock has seen a significant decline of 26.95%, while its profits have decreased by 8.7%. However, the company maintains a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, which could provide some support for the stock's valuation.
In the broader market context, CIE Automotive's short-term performance has been weaker than the benchmark, with a 1-week return of -1.59% compared to the Sensex's -0.92%. This underperformance is further highlighted by the stock's year-to-date decline of 15.21%, contrasting sharply with the Sensex's gain of 2.20%. The high institutional holdings at 25.68% suggest that knowledgeable investors are closely monitoring the stock, which may provide some stability despite the recent price declines. Overall, while there are positive indicators such as low debt and growth potential, the recent price movements and overall performance relative to the market suggest a challenging environment for CIE Automotive.