Why is Mazda falling/rising?

As of 14-Jul, Mazda Ltd's stock price is currently at Rs 291.85, reflecting a decline of Rs 11.8 or 3.89%. The stock has been underperforming, having fallen for three consecutive days, resulting in an overall drop of 8.11% during this period. Today's performance indicates that it underperformed its sector by 3.37%, with a day's low of Rs 291, which is a 4.17% decrease. Over the past week, the stock has experienced a significant decline of 8.21%, while its one-month return shows a positive growth of 20.05%. However, the long-term growth outlook appears poor, with net sales growing at an annual rate of only 1.49% and operating profit at 3.46% over the last five years. Additionally, negative results reported for the quarter ending March 25, including a 40.7% fall in PAT and a 7% decrease in net sales, have contributed to the stock's downward movement.
In the broader market context, the Sensex has shown a decline of 1.42% over the past week, indicating that while Mazda is underperforming, the overall market is also facing challenges. Despite this, Mazda's year-to-date performance is down by 2.03%, contrasting with the Sensex's gain of 5.27%. The stock's liquidity is adequate for trading, but a significant drop in delivery volume suggests falling investor participation, which may further pressure the stock price. The company's high price-to-book value ratio indicates that it is trading at a premium compared to its peers, which, combined with the lack of domestic mutual fund investment, signals a lack of confidence in its valuation and growth prospects.