Why is Motherson Wiring falling/rising?

As of 30-Jul, Motherson Sumi Wiring India Ltd is experiencing a decline in its stock price, currently at Rs 37.77, which reflects a decrease of 1.15 or 2.95%. The stock has been on a downward trend, having fallen consecutively for the last seven days, resulting in a total decline of 13.87% during this period. Today's performance indicates that it underperformed its sector by 2.82%, and it reached an intraday low of Rs 37.53. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish sentiment among investors. Although there has been a significant increase in delivery volume, up by 153.65% against the 5-day average, the overall returns over the past year have been disappointing, with a decline of 23.43% and a drop in profits by 9.6%.
In the broader market context, Motherson Wiring's short-term performance has been notably weaker than the benchmark, with a 1-week return of -9.14% compared to the Sensex's -1.50%. This consistent underperformance against the benchmark over the last three years raises concerns among investors. Despite the company's strong long-term fundamentals, including a high return on equity and low debt-to-equity ratio, recent financial results have shown flat performance, particularly in the last quarter, which has contributed to the stock's decline. The combination of these factors indicates that while the company has potential for long-term growth, current market sentiment is negatively impacting its stock price.