Why is Igarashi Motors falling/rising?

As of 18-Aug, Igarashi Motors India Ltd is experiencing a decline in its stock price, currently at 503.20, reflecting a decrease of 0.65 or 0.13%. The stock has underperformed its sector by 3.43% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 3.01%, and its performance over the last month shows a significant decline of 17.10%. Although the company has a strong ability to service debt with a low Debt to EBITDA ratio and has seen a profit increase of 13.5% over the past year, the stock's overall return has been poor, with a 21.60% drop in the last year, which is substantially worse than the broader market's performance.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.83% over the past week, Igarashi Motors' recent performance has been notably weak. The auto ancillary sector has seen a gain of 3.31%, further highlighting the stock's underperformance. Additionally, the decline in investor participation, with a 19.37% drop in delivery volume, suggests waning interest in the stock. Overall, while the company has some positive financial metrics, the combination of poor long-term growth prospects, negative quarterly results, and significant underperformance relative to both the market and its sector contributes to the downward pressure on its stock price.