Why is Munjal Auto Inds falling/rising?

As of 18-Sep, Munjal Auto Industries Ltd is experiencing a decline in its stock price, currently at 90.55, reflecting a decrease of 0.5 or 0.55%. The stock has underperformed its sector by 0.69% today and has been on a downward trend for the last three days, accumulating a total return loss of 0.93% during this period. Despite having a high dividend yield of 3.29% and a strong ability to service debt with a low Debt to EBITDA ratio of 1.12 times, the company has faced negative results for the last three consecutive quarters, with profits falling by 53.5%. Additionally, the stock has generated a return of -27.73% over the past year, significantly underperforming the market, which saw a decline of only 1.96%.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -0.01% compared to the Sensex's gain of 1.80%. This underperformance is compounded by a decrease in investor participation, as evidenced by a 30.47% drop in delivery volume against the 5-day average. The stock's valuation appears attractive compared to its peers, yet the lack of confidence from domestic mutual funds, which hold only 0.08% of the company, suggests concerns about its current price and business outlook. Overall, these factors contribute to the stock's recent decline amidst a generally positive market environment.