Why is CIE Automotive falling/rising?

As of 29-Aug, CIE Automotive India Ltd is experiencing a decline in its stock price, currently at 384.35, reflecting a decrease of 4.95 points or 1.27%. The stock has been on a downward trend, losing value for the past seven days and showing a total decline of 4.92% 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. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 58.83% compared to the 5-day average. Over the past year, the stock has generated a return of -33.95%, while its profits have decreased by 8.7%. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock's recent performance has been below par, contributing to its decline.
In the broader market context, CIE Automotive's short-term performance has been worse than the benchmark, with a 1-week return of -3.74% compared to the Sensex's -1.84%. This underperformance is consistent with the stock's longer-term trend, where it has lagged behind the BSE500 over various periods. The company's flat results in June and a low debtors turnover ratio further exacerbate concerns about its near-term performance. While high institutional holdings may provide some stability, the overall sentiment remains negative due to the stock's significant decline in returns and profits, leading to a cautious outlook among investors.