Why is Honeywell Auto falling/rising?

As of 22-Sep, Honeywell Automation India Ltd is experiencing a decline in its stock price, currently at 36,872.75, reflecting a decrease of 359.55 points or 0.97%. The stock has been losing value for the last two days, with a total drop of 2.19% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has decreased by 2.52%, while its year-to-date performance shows a significant decline of 11.91%. Despite having a low debt-to-equity ratio and being a major player in its sector, the company has faced challenges, including a poor long-term growth rate in operating profit and a recent flat performance in its quarterly results, which have contributed to the stock's downward movement.
In the broader market context, Honeywell Automation's short-term performance is in line with the benchmark, as both the stock and the Sensex have shown a 0.46% increase over the past week. However, the stock has consistently underperformed against the benchmark over the last three years, with a staggering 25.40% decline in the past year compared to a 2.82% drop in the Sensex. This consistent underperformance, coupled with declining profits and an expensive valuation relative to its peers, has likely influenced investor sentiment negatively, leading to the stock's current downward trajectory.