Why is Cyient falling/rising?

As of 31-Jul, Cyient Ltd. is experiencing a decline in its stock price, currently at 1,205.95, which reflects a decrease of 23.05 points or 1.88%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total drop of 3.02% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's performance over the past week shows a decline of 2.97%, while it has decreased by 6.80% over the past month and 34.50% year-to-date. Factors contributing to this downturn include a low debt-to-equity ratio, healthy long-term growth in operating profit, and high institutional holdings, but these positives are overshadowed by negative results reported on June 25, which highlighted the lowest ROCE and debtors turnover ratio, as well as a significant drop in profits over the past year.
In the broader market context, Cyient's recent performance is notably worse than that of the benchmark, the Sensex, which has only declined by 1.22% over the past week. The stock's year-to-date performance is particularly concerning, with a staggering 34.50% drop compared to the Sensex's positive return of 3.90%. This underperformance is compounded by a lack of investor confidence, as indicated by a 13.51% decrease in delivery volume against the 5-day average. Overall, the combination of disappointing financial results, declining investor participation, and a significant lag behind the benchmark suggests a challenging environment for Cyient Ltd. at this time.