Why is Engineers India falling/rising?

As of 08-Sep, Engineers India Ltd. is experiencing a decline in its stock price, currently at 200.80, which reflects a decrease of 0.9 or 0.45%. The stock has underperformed its sector by 0.28% today, and while it is trading higher than its 5-day, 20-day, and 200-day moving averages, it is below its 50-day and 100-day moving averages. The stock's performance over the past week shows a slight decline of 0.12%, and over the past year, it has decreased by 7.76%. Despite a high management efficiency indicated by a return on equity (ROE) of 16.04% and a low debt-to-equity ratio, the company has faced challenges with poor long-term growth, as evidenced by low net sales growth and disappointing quarterly results. Additionally, while institutional holdings have increased, the overall investor participation has fallen significantly, indicating a lack of confidence among retail investors.
In the broader market context, the Sensex has shown a positive return of 0.53% over the past week, contrasting with Engineers India's slight decline. The stock's year-to-date performance is strong at 10.03%, outpacing the Sensex's 3.39% return; however, the recent quarterly results have raised concerns about its future growth potential. The stock's valuation appears expensive compared to its peers, with a price-to-book value of 4.7, which may deter new investments. Overall, while there are some positive factors such as high institutional holdings and management efficiency, the combination of poor recent performance and declining investor participation contributes to the stock's current downward movement.