Why is Orient Electric falling/rising?

As of 02-Sep, Orient Electric Ltd. is currently priced at 212.05, reflecting a decline of 1.8 points or 0.84%. The stock has been underperforming its sector, with a performance today that is down by 0.82%. It has experienced consecutive losses over the last two days, resulting in a total decline of 0.89%. In terms of returns, the stock has shown a decrease of 2.19% over the past month and a significant drop of 19.40% over the past year, indicating consistent underperformance against the benchmark indices. While the company boasts a high management efficiency with a return on equity (ROE) of 16.82% and a low debt-to-equity ratio, these positive factors are overshadowed by poor long-term growth metrics and flat quarterly results, which have contributed to the stock's recent decline.
Broader market context reveals that the stock has underperformed against the Sensex, which has seen a slight increase of 2.58% year-to-date, while Orient Electric has declined by 8.62% in the same period. The stock's performance over the last three years has also been disappointing, with a return of -16.57%, contrasting sharply with the Sensex's gain of 36.32%. This consistent underperformance, coupled with falling investor participation and liquidity issues, suggests a challenging environment for the stock, further exacerbated by the flat results reported in the latest quarter.