Why is Linde India falling/rising?

As of 06-Aug, Linde India Ltd. is experiencing a decline in its stock price, currently at 6,440.70, reflecting a decrease of 101.9 points or 1.56%. The stock has been losing value for the past two days, with a total drop of 2.28% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a recent increase in delivery volume by 6.19% against the 5-day average, the stock's long-term growth prospects appear poor, with net sales growing at an annual rate of only 7.92% over the last five years. Additionally, the company has reported its lowest cash and cash equivalents and net sales in the most recent quarter, contributing to a negative sentiment around the stock.
In the broader market context, Linde India has underperformed compared to the benchmark Sensex, which has seen a decline of 1.15% over the past week while Linde's stock has dropped by 2.49%. Over the past year, Linde India has generated a return of -17.08%, significantly lagging behind the BSE500's positive return of 0.35%. The company's high Price to Book Value ratio and low return on capital employed further suggest that it is trading at a premium compared to its peers, which may deter potential investors. Overall, the combination of poor financial performance, negative market sentiment, and underperformance relative to benchmarks has contributed to the stock's recent decline.