Why is Menon Pistons falling/rising?

As of 18-Aug, Menon Pistons Ltd is currently priced at 64.00, reflecting a decrease of 0.3, or 0.47%. The stock has underperformed its sector today by 3.77%, despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, but lower than the 5-day moving average. Over the past week, the stock has declined by 0.34%, while it has shown a modest increase of 2.38% over the past month. However, the stock has experienced significant declines year-to-date and over the past year, with returns of -10.66% and -25.44%, respectively. The company has recently reported positive results after two consecutive negative quarters, which may provide some support, but the falling investor participation, indicated by a 52.09% drop in delivery volume, suggests a lack of confidence among investors.
In the broader market context, the Sensex has gained 0.83% over the past week and 4.01% year-to-date, contrasting with Menon Pistons' negative performance. While the auto ancillary sector has gained 3.26%, Menon Pistons' performance has lagged behind, indicating that the stock is not keeping pace with its peers. The company's high management efficiency, low debt-to-equity ratio, and attractive valuation may provide a foundation for future growth; however, the significant year-over-year profit decline of 4.8% and the current negative sentiment surrounding the stock are contributing to its recent price drop.