Why is High Energy Bat. falling/rising?

As of 23-Sep, High Energy Batteries (India) Ltd is experiencing a decline in its stock price, currently at 604.00, which reflects a decrease of 3.4 or 0.56%. Today's price summary indicates that the stock has underperformed its sector by 0.37% and has fallen after two consecutive days of gains. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The company has also seen a significant drop in investor participation, with delivery volume falling by 50.26% compared to the 5-day average. Over the past month, the stock has decreased by 4.87%, while its year-to-date performance shows a decline of 1.31%. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 0.57 times, the company faces challenges with poor long-term growth, as evidenced by stagnant net sales and operating profit growth rates. In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.34% over the past week. While High Energy Batteries has outperformed the Sensex over a three-year period with a return of 77.57% compared to the benchmark's 41.31%, its one-year return of -11.70% significantly underperforms the Sensex's decline of only 3.33%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation, especially given its high Price to Book Value ratio of 5.4 and declining profits over the past year. These factors contribute to the stock's current downward trajectory.