Why is Honeywell Auto falling/rising?

As of 08-Aug, Honeywell Automation India Ltd's stock price is currently at 36,217.70, reflecting a decrease of 512.75 points, or 1.4%. The stock has been on a downward trend, losing 7.19% over the past week and 11.61% over the past month. It has consistently underperformed against the benchmark, with a significant decline of 29.72% over the past year compared to a modest 1.23% gain in the Sensex. Additionally, the stock has been trading below its moving averages across various time frames, indicating a bearish sentiment. The recent drop in delivery volume by 53.14% against the five-day average suggests a decline in investor participation, further contributing to the stock's downward movement. While the company maintains a low debt-to-equity ratio and holds a significant market cap, the negative factors such as poor long-term growth, flat quarterly results, and a high price-to-book value ratio indicate underlying weaknesses that are impacting investor confidence.
In the broader market context, Honeywell Automation's short-term performance has been notably worse than the benchmark, with a 7.19% decline over the past week compared to the Sensex's 0.92% drop. This consistent underperformance over the last three years, coupled with a significant decline in operating profit and net sales, has led to a lack of investor interest and confidence in the stock. The company's inability to generate positive returns in comparison to its peers and the overall market further exacerbates the situation, making it challenging for the stock to recover in the current market environment.