Why is Nestle India falling/rising?

As of 30-Jul, Nestle India Ltd is currently priced at Rs 2,231.90, reflecting a slight increase of Rs 2.9 or 0.13%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline, although it has been trading lower than its moving averages across various time frames. Over the past week, the stock has dropped by 9.01%, and in the last month, it has fallen by 9.48%. Despite a high management efficiency indicated by a ROCE of 162.49% and a low Debt to EBITDA ratio of 0.16, the stock faces challenges due to poor long-term growth and negative quarterly results, which have contributed to its underperformance relative to the broader market.
In the broader market context, Nestle India's short-term performance has been significantly worse than the benchmark Sensex, which has only declined by 1.50% over the same week. The stock's liquidity remains adequate for trading, but there has been a decrease in investor participation, as evidenced by a drop in delivery volume. While the company maintains a strong institutional holding of 21.47%, the overall sentiment is tempered by its recent negative financial results and a valuation that appears expensive compared to peers, leading to a cautious outlook among investors.