Why is India Motor Part falling/rising?

As of 07-Jul, India Motor Parts & Accessories Ltd is experiencing a decline in its stock price, currently at 1,148.40, which reflects a decrease of 7.95 points or 0.69%. The stock has underperformed its sector by 1.14% today, with an intraday high of Rs 1181.1. Over the past week, the stock has shown a slight increase of 0.30%, but it has a year-to-date decline of 6.66%. Despite a positive return of 1.09% over the past year and a profit increase of 16.7%, the company faces challenges such as poor long-term growth metrics, including low ROCE and a significant portion of profit coming from non-operating income. Additionally, the falling investor participation, as indicated by a 19.08% drop in delivery volume, may be contributing to the stock's downward pressure.
In the broader market context, the Sensex has shown a positive return of 1.53% over the past month, contrasting with India Motor Parts' 5.45% gain in the same period, suggesting that while the stock has performed relatively well recently, it still lags behind the benchmark. The company's low debt-to-equity ratio and attractive valuation metrics, such as a Price to Book Value of 0.6, indicate potential for recovery; however, the lack of domestic mutual fund investment may signal a lack of confidence in the stock's future performance. Overall, while there are some positive indicators, the combination of underwhelming growth prospects and declining investor interest is likely contributing to the stock's current decline.