Why is Motherson Wiring falling/rising?

As of 17-Jul, Motherson Sumi Wiring India Ltd is experiencing a decline in its stock price, currently at 64.40, reflecting a decrease of 0.12 or 0.19%. The stock has underperformed its sector by 0.38% today and has been on a consecutive fall for the last two days, resulting in a total drop of 0.53% during this period. Over the past week, the stock has decreased by 0.46%, while it has shown a positive return of 4.83% over the last month. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume falling by 40.77% compared to the 5-day average. The company has strong long-term fundamentals, indicated by a high return on equity (ROE) of 37.69% and healthy growth in net sales, but it has also faced challenges, such as a 14.88% decline in returns over the past year and consistent underperformance against benchmarks.
In the broader market context, Motherson Sumi Wiring's short-term performance has been better than the benchmark, with a 1-month return of 4.83% compared to the Sensex's 0.83%. However, the stock's year-to-date performance of 10.54% is significantly better than the Sensex's 5.27%, indicating some resilience in a challenging market. Despite these positive indicators, the stock has struggled over the longer term, particularly with a 14.88% decline in the past year and underperformance against the BSE500 over the last three years. This combination of strong fundamentals and recent price declines suggests that while the company has potential, it is currently facing headwinds that are affecting investor sentiment and participation.