Why is Cyient falling/rising?

As of 25-Jul, Cyient Ltd. is currently priced at 1,243.50, reflecting a slight increase of 0.65 or 0.05%. Despite this minor uptick, the stock has shown a negative performance over the past week and month, with declines of 2.59% and 4.30%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 168.07% against the 5-day average, suggesting heightened interest. While the stock has underperformed significantly over the past year with a return of -34.45%, it has a low debt-to-equity ratio and a healthy long-term growth rate in operating profit, which may provide some support for its valuation.
In the broader market context, Cyient's performance has been notably worse than the benchmark, the Sensex, which has only declined by 0.36% over the past week and 1.56% over the past month. The stock's year-to-date performance is particularly concerning, with a drop of 32.46% compared to the Sensex's gain of 4.25%. This underperformance is compounded by negative financial results reported in June, including the lowest return on capital employed and debtors turnover ratio. Although institutional holdings are high at 57%, indicating confidence from larger investors, the overall market sentiment remains cautious due to the stock's significant decline relative to broader market trends.