Why is Nestle India falling/rising?

As of 06-Aug, Nestle India Ltd's stock price is currently at 2,237.00, reflecting a decrease of 30.0 points or 1.32%. The stock has underperformed its sector by 0.64% today and has been on a downward trend, losing 1.77% over the last two days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. While the company shows high management efficiency with a return on capital employed (ROCE) of 162.49% and a low debt-to-EBITDA ratio of 0.16, it has faced challenges such as poor long-term growth, with operating profit increasing at only 9.66% annually over the past five years. Furthermore, negative results from June 25, including a significant drop in profit after tax (PAT) and low ROCE figures, have contributed to the stock's decline.
In the broader market context, Nestle India's short-term performance has been relatively stable, with a 1-week return of +0.23%, while the benchmark Sensex has declined by 1.15%. However, over the last month, Nestle India has seen a more significant drop of 6.48%, compared to the Sensex's decline of 3.46%. This consistent underperformance against the benchmark, coupled with a negative annual return of -10.73%, suggests that investor sentiment is cautious. Despite high institutional holdings and a strong market position, the company's recent financial results and valuation concerns have led to a lack of confidence among investors, contributing to the stock's current downward trajectory.