Why is Excel Industries falling/rising?

As of 12-Sep, Excel Industries Ltd is experiencing a decline in its stock price, currently at 1,139.80, which reflects a decrease of 15.2 points or 1.32%. The stock has underperformed its sector by 0.64% today and has shown a trend reversal after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 28.95% compared to the five-day average. Despite positive quarterly results showing significant growth in profit before tax, profit after tax, and net sales, the stock has generated a return of -28.54% over the past year, highlighting poor long-term growth prospects with net sales and operating profit growing at only 9.61% and 2.78% annually over the last five years, respectively.
In the broader market context, Excel Industries has underperformed significantly compared to the Sensex, which has increased by 1.48% over the past week while Excel's stock has dropped by 2.33%. This trend of underperformance extends to longer periods, with the stock down 8.44% over the past month and 11.02% year-to-date, while the Sensex has gained 2.08% and 4.82%, respectively. The lack of confidence from domestic mutual funds, which hold only a minimal stake in the company, further suggests that the market sentiment is cautious regarding Excel Industries' valuation and future growth potential.