Why is Honeywell Auto falling/rising?

As of 24-Sep, Honeywell Automation India Ltd is experiencing a decline in its stock price, currently at 36,501.00, reflecting a decrease of 260.4 points or 0.71%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 3.18% 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. The stock's performance over the past week shows a decline of 2.38%, while it has dropped 12.80% year-to-date and 26.83% over the past year. The company has a low debt-to-equity ratio, but its operating profit has decreased at an annual rate of 1.29% over the last five years, contributing to a perception of poor long-term growth.
Broader market context indicates that Honeywell's performance has lagged behind the benchmark, with the Sensex showing a decline of only 1.18% over the past week. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in profits of 4.3% over the past year, has likely influenced investor sentiment negatively. The stock's valuation appears expensive with a price-to-book ratio of 8, further complicating its appeal in the current market environment. Overall, the combination of declining returns, poor financial performance, and unfavorable comparisons to the benchmark has contributed to the stock's recent downward movement.