Why is Nestle India falling/rising?

As of 12-Aug, Nestle India Ltd's stock price is currently at 1,091.25, reflecting a decrease of 15.45 points or 1.4%. The stock has underperformed in today's trading, falling 0.56% relative to its sector. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.73%, and it has seen a significant drop of 9.25% over the past month. Despite a relatively high management efficiency with a return on capital employed (ROCE) of 162.49% and a low debt to EBITDA ratio of 0.16, the company has faced challenges, including a poor long-term growth outlook and negative quarterly results, which have contributed to the stock's decline.
In the broader market context, Nestle India's performance has been notably weaker than the benchmark Sensex, which has only declined by 0.59% over the past week. The stock's one-year return of -11.75% starkly contrasts with the Sensex's modest gain of 0.74%, highlighting its underperformance. The company's high institutional holdings at 21.47% suggest that knowledgeable investors are closely monitoring its fundamentals, yet the stock's expensive valuation and recent negative earnings reports have raised concerns. Overall, the combination of poor short-term performance, disappointing financial results, and a challenging market environment has led to the stock's current downward trajectory.