Why is Minda Corp falling/rising?

As of 21-Aug, Minda Corporation Ltd's stock price is currently at 501.00, reflecting a decrease of 6.95, or 1.37%. The stock has underperformed its sector by 1.03% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 2.79%. In the past week, the stock has shown a modest gain of 1.56%, but over the past month, it has declined by 3.48%. Despite a strong ability to service debt and healthy long-term growth in net sales and operating profit, negative results from the latest quarter, including a low return on capital employed (ROCE) and a significant increase in interest expenses, have contributed to the stock's recent downward movement.
In the broader market context, Minda Corporation's short-term performance has lagged behind the Sensex, which has risen by 1.74% over the past week. While the stock has shown strong returns over a three-year period at 123.16%, its one-year performance is negative at -5.17%, contrasting with the Sensex's positive return of 1.35%. The decline in investor participation, indicated by a 63.35% drop in delivery volume compared to the five-day average, further suggests a lack of confidence among investors, which may be impacting the stock's price negatively.