Why is CIE Automotive falling/rising?

As of 13-Aug, CIE Automotive India Ltd is experiencing a decline in its stock price, currently at 394.40, which reflects a decrease of 4.6 or 1.15%. The stock has underperformed its sector by 2.17% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 2.23%, and it has seen a significant decline of 25.86% over the past year, while its profits have fallen by 8.7%. The company maintains a low debt-to-equity ratio of 0.10, indicating financial stability, but it has also reported flat results recently, with a decrease in PAT and the lowest debtors turnover ratio at 7.01 times. High institutional holdings at 25.68% suggest that informed investors are monitoring the stock closely, yet the overall performance remains below par.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -2.23% compared to a negligible change in the Sensex. The stock's year-to-date performance is also concerning, with a decline of 16.21% against a positive return of 3.07% for the Sensex. This underperformance in both the short and long term indicates a lack of investor confidence, further exacerbated by falling investor participation, as evidenced by a 13.34% drop in delivery volume. Overall, the combination of weak financial results, declining returns, and underperformance relative to the market contributes to the stock's current downward trajectory.