Why is Excel Industries falling/rising?

As of 24-Sep, Excel Industries Ltd is experiencing a decline in its stock price, currently at 1,131.10, reflecting a decrease of 17.1 points or 1.49%. The stock has underperformed its sector by 1.17% today and has been on a consecutive downward trend for the last two days, with a total decline of 3.03% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite positive quarterly results showing significant growth in profit before tax, profit after tax, and net sales, the long-term growth outlook remains poor, with net sales growing at an annual rate of only 9.61% over the past five years. Furthermore, the low participation from domestic mutual funds, holding only 0.01% of the company, may indicate a lack of confidence in the stock's valuation.
In the broader market context, Excel Industries has underperformed the Sensex, with a 1-week return of -3.32% compared to the benchmark's -1.18%. Over the past month, the stock has declined by 12.85%, while the Sensex has increased by 0.50%. This trend of underperformance is consistent with the stock's year-to-date return of -11.70% against the Sensex's 4.58%. The combination of poor short-term performance, low investor participation, and a lack of confidence from mutual funds contributes to the stock's current downward trajectory.