Why is Honda India falling/rising?

As of 29-Sep, Honda India Power Products Ltd is experiencing a decline in its stock price, currently at Rs 2,739.00, which reflects a decrease of Rs 31.8 or 1.15%. The stock has underperformed its sector by 1.71% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 3.39% in that period. Additionally, the stock's performance over the past year shows a significant decline of 31.53%, while its profits have decreased by 17.2%. The company has a high dividend yield of 4.76%, but it also faces challenges such as poor long-term growth, with net sales growing at only 1.33% annually and a substantial drop in profit before tax and profit after tax in the latest quarter.
In the broader market context, the stock has underperformed compared to the benchmark, with the Sensex showing a decline of only 6.08% over the past year. While the overall market has generated negative returns of 7.50%, Honda India’s stock has fallen much more sharply, indicating weaker investor confidence. The stock's recent performance is further compounded by falling investor participation, as evidenced by a 46.14% drop in delivery volume against the five-day average. Despite being above the 200-day moving average, the stock is below its shorter-term moving averages, suggesting a bearish sentiment among investors.