Why is Orient Electric falling/rising?

As of 14-Aug, Orient Electric Ltd. is experiencing a decline in its stock price, currently at Rs 205.50, which reflects a decrease of Rs 4.7 or 2.24%. The stock has underperformed its sector by 3.63% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.88% during this period. Additionally, the stock has shown a negative performance over the past month, with a decline of 7.03%, and a significant year-to-date drop of 11.44%. Despite a high return on equity (ROE) of 16.82% and a low debt-to-equity ratio of 0.01, the company has faced challenges, including flat quarterly results and consistent underperformance against benchmarks, which have contributed to the recent price movement.
In the broader market context, while the Sensex has shown a slight decline of 0.03% over the past week, Orient Electric's short-term return of 1.23% over the same period indicates some resilience. However, the stock's longer-term performance is concerning, with a 22.10% drop over the past year compared to the Sensex's gain of 1.89%. This consistent underperformance, coupled with a lack of significant growth in net sales and operating profit over the last five years, suggests that investor sentiment may be negatively impacted, leading to the current decline in stock price.