Why is JTEKT India falling/rising?

As of 06-Nov, JTEKT India Ltd's stock price is currently at Rs 157.25, reflecting a decline of Rs 9.5 or 5.7%. The stock has underperformed its sector by 4.2% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 156.7, indicating a significant drop of 6.03%. Over the past week, the stock has decreased by 1.75%, and its year-to-date performance shows a decline of 2.48%. Despite a healthy long-term growth rate in operating profit of 42.67%, the stock has generated a negative return of -8.71% over the past year, coinciding with a 31.5% drop in profits. The company maintains a low debt-to-equity ratio of 0.03 times, which is a positive factor, but the recent decline in delivery volume by 39.9% against the 5-day average suggests falling investor participation. In the broader market context, JTEKT India's short-term performance has been weaker than the benchmark Sensex, which has decreased by only 1.30% over the same week. The stock's current price movement contrasts with the Sensex's positive return of 1.86% over the past month, highlighting a divergence in performance. While the stock is trading at a discount compared to its peers' average historical valuations, the overall market sentiment appears to be affecting its price negatively, particularly in light of the recent profit decline and reduced trading activity.