Why is Goodyear India falling/rising?

As of 18-Jul, Goodyear India Ltd is experiencing a decline in its stock price, currently at 1,012.45, reflecting a decrease of 51.35 points or 4.83%. Today's performance indicates that the stock has underperformed its sector by 3.9% and has fallen after five consecutive days of gains. It opened with a loss of 3.55% and reached an intraday low of Rs 989, marking a significant drop of 7.03%. Over the past week, the stock has decreased by 1.35%, while it has shown a modest increase of 7.95% over the past month. However, the stock has underperformed against the benchmark over the last year, generating a return of -15.96%. The company has faced negative results for the last six consecutive quarters, with a substantial decline in profit before tax and profit after tax compared to previous averages, contributing to its recent price movement.
In the broader market context, Goodyear India's short-term performance has been weaker than the benchmark, which has seen a decline of only 0.90% over the past week. The stock's long-term growth prospects appear poor, with an annual operating profit decline of 6.31% over the last five years and a consistent underperformance against the BSE500 index. Despite a high return on equity of 15.27% and a low debt-to-equity ratio, the stock is trading at a premium compared to its peers, which may deter investors. The combination of negative financial results, high valuation, and consistent underperformance against the benchmark has led to the current downward trend in the stock price.