Why is CIE Automotive falling/rising?

As of 28-Aug, CIE Automotive India Ltd is experiencing a decline in its stock price, currently at 389.30, which reflects a decrease of 2.55 or 0.65%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 3.7% during this period. Additionally, the stock's performance over the past week shows a decrease of 2.85%, and it has underperformed the sector by 0.92% today. Despite a healthy long-term growth rate in operating profit of 34.67% and a low debt-to-equity ratio of 0.10, the stock has generated a significant return of -33.40% over the past year, alongside a 6.2% drop in profit after tax for the latest quarter.
In the broader market context, CIE Automotive's short-term performance has lagged behind the benchmark, with the Sensex declining by 2.34% over the same week. The stock's long-term performance has also been disappointing, underperforming the BSE500 over the past three years, one year, and three months. While there is a notable increase in investor participation, as indicated by a 32.86% rise in delivery volume, the overall sentiment remains negative due to flat results and a low debtors turnover ratio. The high institutional holdings at 25.68% suggest that these investors are aware of the stock's fundamentals, which may contribute to the ongoing selling pressure.