Why is Maruti Sec. falling/rising?

As of 22-Jul, Maruti Securities Ltd is experiencing a decline in its stock price, currently at 37.00, reflecting a decrease of 0.5 or 1.33%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.95% during this period. Despite a strong long-term performance with a remarkable 279.49% return over the past year, the company faces challenges such as a negative book value and weak long-term fundamental strength, which have contributed to its recent price drop. Additionally, while there has been a rise in investor participation, the stock's performance today underperformed its sector by 1.12%.
In the broader market context, Maruti Securities Ltd's short-term performance has been notably poor, with a 4.88% decline over the past week compared to a minor drop of 0.47% in the Sensex. This indicates that the stock is not only struggling in isolation but is also lagging behind the overall market trends. The company's negative book value and flat results further exacerbate its risk profile, making it less attractive to investors despite its historical performance. Overall, these factors suggest that while the stock has had significant gains in the past, current conditions are leading to a downward trajectory.