Why is CIE Automotive falling/rising?

As of 15-Sep, CIE Automotive India Ltd's stock price is currently at 404.70, reflecting a decrease of 0.3, or 0.07%. The stock has underperformed its sector today by 0.84%, and while it is trading above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.47%, contrasting with a 1.24% increase in the Sensex. Despite a positive long-term growth outlook, with an annual operating profit growth rate of 34.67%, the stock has faced challenges, including a significant 28.03% decline over the past year and a 6.2% drop in PAT for the latest quarter. The company's low debt-to-equity ratio and attractive valuation metrics, such as a 2.2 Price to Book Value, suggest potential for recovery, but recent performance indicators indicate a struggle to maintain investor confidence.
In the broader market context, the stock's performance has lagged behind the benchmark indices, particularly in the short term, where it has shown a negative return compared to the Sensex's positive performance. The stock's year-to-date return is down 14.02%, while the Sensex has gained 4.67%. This underperformance is compounded by a flat result in June and a low debtors turnover ratio, which may raise concerns among investors. Although high institutional holdings at 25.68% could provide some stability, the overall sentiment appears cautious due to the stock's recent history of negative returns and below-par performance metrics.