Why is Nestle India falling/rising?

As of 13-Aug, Nestle India Ltd is currently priced at Rs 1,097.30, reflecting an increase of Rs 6.05 or 0.55%. The stock has shown a negative performance over the past week and month, with declines of 1.73% and 8.74%, respectively. Despite this, today's performance indicates that it has outperformed its sector by 0.42%. The stock is trading below its moving averages across various timeframes, indicating a potential bearish trend. Additionally, the company has a high management efficiency with a return on capital employed (ROCE) of 162.49% and a low debt to EBITDA ratio of 0.16 times, which suggests strong financial health. However, the stock has faced challenges with poor long-term growth and negative quarterly results, including a significant drop in profit after tax (PAT) of 15.8% compared to the previous four-quarter average.
In the broader market context, Nestle India's recent performance contrasts with the Sensex, which has remained relatively flat with a change of just -0.01% over the past week. The stock's year-to-date return of 1.08% is lower than the Sensex's 3.07%, indicating underperformance in the longer term as well. Furthermore, while the stock has a significant market capitalization and institutional holdings, its valuation appears expensive compared to peers, contributing to investor caution. Overall, the combination of short-term underperformance, negative financial indicators, and high valuation may be influencing the stock's recent price movements.