Why is Munjal Showa falling/rising?

As of 11-Aug, Munjal Showa Ltd. is experiencing a decline in its stock price, currently at 129.15, which reflects a decrease of 1.9 or 1.45%. The stock has underperformed its sector today by 1.84% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 6.14%, and it has shown a significant decline of 23.85% over the past year, contrasting sharply with the Sensex, which has gained 1.13% in the same period. Additionally, the company has reported a low delivery volume, falling by 51.85% against its 5-day average, indicating reduced investor interest. Despite a high dividend yield of 3.45%, the company faces challenges with poor long-term growth, as evidenced by a low annual growth rate in net sales and operating profit over the last five years.
In the broader market context, Munjal Showa's performance has been notably weaker than the benchmark, with a year-to-date return of -11.48% compared to the Sensex's positive return of 3.15%. The stock's decline is compounded by falling participation from institutional investors, who have reduced their stake by 0.69% in the last quarter, suggesting a lack of confidence in the company's fundamentals. The company's recent financial results have also raised concerns, with a significant drop in profit before tax and net sales, further contributing to the stock's negative trajectory. Overall, the combination of poor performance metrics, declining investor participation, and underwhelming growth prospects has led to the stock's current downward movement.