Why is Menon Pistons falling/rising?

As of 28-Aug, Menon Pistons Ltd is experiencing a decline in its stock price, currently at Rs 63.99, which reflects a decrease of 1.01 or 1.55%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total drop of 4.46% during this period. It opened lower today by 2.26% and reached an intraday low of Rs 63.5. Additionally, the stock's performance over the past week shows a decline of 2.60%, while its year-to-date return is down by 10.68%. Despite some positive indicators such as high management efficiency and a low debt-to-equity ratio, the stock's recent performance has been negatively impacted by falling investor participation, with delivery volume decreasing significantly.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 2.34% over the past week, Menon Pistons' short-term performance is worse, indicating a relative underperformance. While the stock has shown some positive growth over the past month with a return of 5.86%, its year-on-year performance remains concerning at -26.09%. The broader market context suggests that while the company has declared positive results recently, the overall market sentiment and the stock's recent trends are contributing to its current downward trajectory.