Why is Igarashi Motors falling/rising?

As of 21-Aug, Igarashi Motors India Ltd is currently priced at 497.20, reflecting a decrease of 3.75 or 0.75%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.02%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 56.14% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has generated a return of -28.43%, which is substantially worse than the broader market's performance, as indicated by the BSE500's negative return of -1.56%. While the company has a strong ability to service its debt and has seen profits rise by 13.5%, the overall growth has been poor, with net sales growing at an annual rate of only 12.86% over the past five years.
In the broader market context, Igarashi Motors' short-term performance has been notably weaker than the benchmark, with a 1-week return of -1.32% compared to the Sensex's gain of +1.74%. This underperformance is compounded by the company's recent negative financial results, which have raised concerns among investors. Despite the stock trading at a discount compared to its peers and having a fair valuation, the negative sentiment surrounding its long-term growth prospects and recent operational challenges has led to a decline in its stock price. The combination of these stock-specific factors and the broader market dynamics has contributed to the current downward trend in Igarashi Motors' share price.