Why is Igarashi Motors falling/rising?

As of 22-Aug, Igarashi Motors India Ltd is currently priced at 497.35, reflecting a slight increase of 0.15 (0.03%). The stock has shown a trend reversal by gaining after two consecutive days of decline, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite today's performance, the stock has underperformed significantly over the past week and month, with returns of -1.29% and -15.35%, respectively. The company has a low Debt to EBITDA ratio of 1.14, indicating a strong ability to service debt, and while profits have risen by 13.5% over the past year, the stock has generated a return of -26.54%, suggesting poor long-term growth prospects.
Broader market context indicates that Igarashi Motors has underperformed the benchmark Sensex, which has gained 0.88% over the past week, while the stock has declined. The broader market has also shown resilience, with a year-to-date return of +4.05% compared to the stock's significant drop of -30.53%. This disparity highlights the challenges faced by Igarashi Motors, particularly in light of its recent negative financial results and declining investor participation, as evidenced by a 47.03% drop in delivery volume. Overall, while there are some positive indicators regarding the company's valuation and profitability, the stock's recent performance and broader market trends suggest continued challenges ahead.