Why is India Motor Part falling/rising?

As of 16-Jul, India Motor Parts & Accessories Ltd is experiencing a decline in its stock price, currently at 1,148.00, which reflects a decrease of 2.0 or 0.17%. The stock has underperformed its sector by 0.3% today and has seen a trend reversal after two consecutive days of gains. It has traded within a narrow range of Rs 8, but remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has shown a positive return of 6.88%, contrasting with its year-to-date performance of -6.70%. Despite a low Debt to Equity ratio and an attractive valuation indicated by a Price to Book Value of 0.6, the company has faced challenges with poor long-term growth, as evidenced by its net sales growth of only 8.62% over the last five years.
In the broader market context, the stock's short-term performance of -1.03% over the past week is slightly better than the benchmark Sensex, which has declined by 1.08%. This suggests that while the stock is facing some downward pressure, it is not significantly lagging behind the overall market. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence among institutional investors regarding the company's future prospects. The company's flat results expected in September 2024 and low return on capital employed further contribute to the cautious sentiment surrounding the stock, impacting its recent price movement negatively.