Why is Panasonic Carbon falling/rising?

As of 20-Jun, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at Rs 545.50, which reflects a decrease of Rs 6.4 or 1.16%. The stock has underperformed its sector by 1.91% today and has been on a downward trend for the last two days, accumulating a total decline of 6.02%. Over the past week, the stock has decreased by 3.01%, while it has shown a modest increase of 8.34% over the last month. Despite its recent struggles, the company maintains a low debt-to-equity ratio, which is a positive factor, and has a high dividend yield of 4.35% at the current price, indicating some underlying financial stability.
In the broader market context, the Sensex has increased by 1.59% over the past week, contrasting sharply with Panasonic Carbon's decline. While the stock has shown a year-to-date decrease of 0.85%, the benchmark has risen by 5.46% during the same period. This underperformance relative to the Sensex may contribute to investor sentiment affecting the stock negatively. Additionally, the stock's moving averages indicate that it is currently lower than its 5-day, 20-day, and 200-day averages, which may signal a bearish trend. However, rising investor participation, as evidenced by a significant increase in delivery volume, suggests that there may still be interest in the stock despite its recent price movements.