Why is Motherson Wiring falling/rising?

As of 14-Aug, Motherson Sumi Wiring India Ltd is currently priced at 37.82, reflecting an increase of 0.15 or 0.4%. The stock has recently experienced a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 1.41%, and over the past month, it has dropped by 9.53%. Despite these short-term challenges, the company maintains strong long-term fundamentals, with an average Return on Equity (ROE) of 37.69% and healthy net sales growth of 15.86% annually. However, the stock has generated a negative return of 16.89% over the past year, coinciding with a 9.6% decline in profits.
In the broader market context, the Sensex has shown a minimal decline of 0.03% over the past week, contrasting with Motherson Wiring's more significant drop. This indicates that the stock's short-term performance is underperforming relative to the benchmark. The falling investor participation, as evidenced by a decrease in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's recent volatility. Despite its attractive valuation compared to peers, the stock's current trajectory reflects a cautious sentiment in the market, particularly given its recent performance relative to the broader index.