Why is Cyient DLM falling/rising?

As of 13-Jun, Cyient DLM Ltd's stock price is currently at 454.95, reflecting a decline of 14.05 points or 3.0%. The stock has been underperforming, having fallen consecutively over the last two days with a total drop of 5.85%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has decreased significantly, falling by 49.62% compared to its 5-day average, which suggests a decline in investor interest. Over the past year, the stock has generated a return of -33.62%, contrasting sharply with the benchmark Sensex, which has risen by 5.61%. While the company has reported positive results with a significant growth in net sales and a low debt-to-equity ratio, these factors have not been sufficient to counteract the stock's poor long-term growth prospects and high valuation metrics.
In the broader market context, Cyient DLM's short-term performance has been notably weaker than the benchmark, as it has underperformed the Sensex by 5.93% over the past week and 2.31% over the past month. The stock's negative returns highlight a lack of confidence among investors, particularly given its high price-to-book ratio and low return on equity. Despite having high institutional holdings that typically indicate a more informed investor base, the stock's continued decline suggests that these investors may be cautious about the company's long-term growth potential. Overall, the combination of declining investor participation, poor recent performance, and unfavorable comparisons to the market contributes to the downward pressure on Cyient DLM's stock price.