Why is Motherson Wiring falling/rising?

As of 10-Oct, Motherson Sumi Wiring India Ltd's stock price is currently at 44.47, reflecting a decrease of 0.6, or 1.33%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.08%. In the past week, the stock has decreased by 2.76%, and over the past month, it has seen a significant drop of 9.06%. Despite this, the company maintains strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 37.69% and a low Debt to Equity ratio of 0.07. However, recent financial results indicate a decline in profits, with a 5.5% drop in PAT compared to the previous quarter's average, which may be contributing to the stock's recent negative performance.
Broader Market Context: In contrast to the stock's performance, the Sensex has increased by 1.59% over the past week and 1.32% over the past month, highlighting a significant underperformance by Motherson Sumi Wiring India Ltd relative to the broader market. While the stock has shown a year-to-date gain of 15.65%, its recent struggles, particularly in the short term, suggest that investor sentiment may be shifting due to the company's declining profits and flat results in recent quarters. The rising investor participation, indicated by an increase in delivery volume, may not be sufficient to counteract the negative trends observed in the stock's performance and financial results.