Why is Majestic Auto falling/rising?

As of 19-Sep, Majestic Auto Ltd is experiencing a decline in its stock price, currently at 345.65, reflecting a decrease of 4.3 points or 1.23%. The stock has underperformed its sector by 0.84% today and has been on a downward trend for the last two days, accumulating a total return loss of 1.24%. Despite trading above its moving averages for various periods, the stock's delivery volume has significantly decreased, falling by 57.79% compared to the five-day average. The company's long-term fundamentals are weak, with a negative compound annual growth rate (CAGR) of operating profits over the last five years and a low return on equity (ROE) of 2.59%, indicating poor profitability. Additionally, the stock is trading at a premium compared to its peers, which raises concerns about its valuation amidst declining profits.
In the broader market context, the stock's performance over the past week shows a modest gain of 0.19%, while the benchmark Sensex has increased by 0.88%. However, over the past year, Majestic Auto has significantly underperformed, with a return of -13.72% compared to the Sensex's slight decline of -0.67%. This stark contrast highlights the stock's struggles relative to the market, contributing to investor sentiment that may be driving the recent price decline. Overall, the combination of weak fundamentals, declining investor participation, and underperformance against the benchmark suggests a challenging environment for Majestic Auto Ltd.