Why is Nestle India falling/rising?

As of 08-Aug, Nestle India Ltd is experiencing a decline in its stock price, currently at Rs 1,097.40, which reflects a decrease of Rs 20.4 or 1.83%. The stock has underperformed today, falling by 2.13% to an intraday low of Rs 1,094, and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 3.57%, and it has also shown a negative return of 9.23% over the past month. Additionally, the stock is close to its 52-week low, just 3.64% away from Rs 1,057.5. The company has high management efficiency and a strong ability to service debt, but it faces challenges with poor long-term growth and negative quarterly results, which have contributed to the recent price decline.
In the broader market context, Nestle India's short-term performance is notably worse than the benchmark Sensex, which has only declined by 0.92% over the same week. The stock's long-term performance is also concerning, with a return of -11.85% over the past year compared to a positive return of 1.23% for the Sensex. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 13.12% decrease in delivery volume compared to the five-day average. Overall, the combination of negative financial results, high valuation concerns, and a lack of investor confidence has led to the stock's downward movement.