Why is Nestle India falling/rising?

As of 29-Jul, Nestle India Ltd is experiencing a decline in its stock price, currently at 2,229.00, reflecting a decrease of -2.45 (-0.11%). The stock has been on a downward trend, losing value for the last four consecutive days, resulting in a total return of -9.12% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a high management efficiency with a return on capital employed (ROCE) of 162.49% and a strong ability to service debt, the stock has faced challenges, including poor long-term growth and negative quarterly results, which have contributed to its recent price movement.
In the broader market context, Nestle India's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by -1.03% over the past week, while Nestle has dropped -8.75%. This underperformance is further highlighted by the stock's negative returns over the last year at -9.81%, compared to the Sensex's near flat performance of -0.02%. The stock's high institutional holdings suggest confidence from larger investors, but the overall market sentiment remains cautious due to the company's recent poor financial results and high valuation compared to peers, leading to a challenging environment for price recovery.