Why is JTEKT India falling/rising?

As of 11-Sep, JTEKT India Ltd is currently priced at Rs 164.90, reflecting a decline of Rs 4.6 or 2.71%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.45% during this period. Despite a strong performance over the past week and month, with returns of 16.13% and 30.20% respectively, the stock's recent downturn is notable. Additionally, the stock is trading above its moving averages, but there has been a significant decrease in investor participation, with delivery volume dropping by 32.3% against the five-day average. While the company maintains a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, its profits have decreased by 31.5% over the past year, contributing to the stock's current struggles.
In the broader market context, JTEKT India's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.03% over the past week. However, the stock's year-to-date return of 2.26% is lagging behind the Sensex's 4.36% gain. The recent increase in institutional investor participation, with a 1.4% rise in their stake, indicates a positive outlook from more sophisticated investors, which could provide some support for the stock. Nonetheless, the overall decline in price and investor engagement suggests that market sentiment may be cautious, reflecting concerns over the company's recent profit performance despite its favorable long-term growth indicators.