Why is Nestle India falling/rising?

As of 05-Aug, Nestle India Ltd's stock price is currently at 2,267.00, reflecting a decrease of 10.35 points or 0.45%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Although it outperformed its sector by 0.26% today, the stock's delivery volume has significantly declined by 50.6% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has shown a positive return of 1.70%, but it has underperformed in the longer term, with a 5.23% decline over the past month and a notable 9.67% drop over the past year. Despite high management efficiency and strong institutional holdings, the stock's poor long-term growth and negative quarterly results have contributed to its recent price decline.
In the broader market context, while Nestle India has outperformed the Sensex by 1.70% over the past week, it has lagged behind the benchmark in longer time frames, including a 5.23% decline over the past month compared to a 3.26% drop in the Sensex. The stock's consistent underperformance against the benchmark over the last three years, coupled with a high valuation relative to its peers, raises concerns among investors. The company's ability to service debt remains strong, but the recent negative financial results, including a significant drop in profit, have overshadowed these strengths, contributing to the stock's downward movement.