Why is Linde India falling/rising?

As of 11-Aug, Linde India Ltd. is experiencing a decline in its stock price, currently at Rs 6,215.50, reflecting a decrease of Rs 139.5 or 2.2%. The stock has underperformed its sector by 0.79% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.64%. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, Linde India has seen a return of -5.70%, and its performance over the last month is also negative at -8.66%. The company's financial health shows a low debt-to-equity ratio, but it has faced challenges such as poor long-term growth, flat quarterly results, and a high valuation compared to peers, which may contribute to the stock's recent decline.
In the broader market context, Linde India's performance has been significantly worse than the benchmark, with a one-year return of -18.93% compared to the Sensex's gain of 1.13%. This stark contrast indicates that while the overall market has been relatively stable, Linde India has struggled considerably. The company's recent financial results, including the lowest recorded net sales and return on capital employed, further exacerbate investor concerns, leading to a lack of confidence in its growth prospects. Despite a rise in investor participation, the overall sentiment remains negative, contributing to the stock's downward trajectory.