Why is Orient Electric falling/rising?

As of 04-Aug, Orient Electric Ltd. is currently priced at 213.60, reflecting a decrease of 2.67, or 1.23%. The stock has underperformed its sector by 2.23% today and has experienced a trend reversal, falling after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 57.14% against the 5-day average. Over the past year, the stock has generated a return of -22.11%, which is considerably worse than the benchmark, and its recent financial performance has shown declines in profit before tax and profit after tax compared to previous quarters.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Orient Electric's decline of 2.20% in the same period. While the company boasts high management efficiency and a low debt-to-equity ratio, its long-term growth prospects appear poor, with net sales and operating profit growth rates lagging behind expectations. The stock's consistent underperformance against the benchmark over the last three years, coupled with flat results in the most recent quarter, suggests that investor sentiment remains cautious. Despite high institutional holdings, which typically indicate confidence in the company's fundamentals, the overall market reaction to the company's recent performance has led to a decline in its stock price.