Why is Panasonic Carbon falling/rising?

As of 30-Jun, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 527.45, down by 1.45 (-0.27%). The stock's performance today is in line with the sector, but it is showing mixed signals in terms of moving averages, being higher than the 50-day and 100-day moving averages while lower than the 5-day, 20-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 7.52% against the 5-day average. Over the past year, the stock has generated a return of -0.74%, and despite a low debt-to-equity ratio, the company has shown poor long-term growth, with net sales and operating profit growing at rates of only 3.71% and 2.72%, respectively, over the last five years.
In the broader market context, the stock's short-term return of -1.25% over the past week contrasts sharply with the Sensex, which has increased by 2.09% in the same period. This underperformance is indicative of the stock's struggles relative to the market, particularly given the flat results reported in March 2025, where net sales fell by 5.7% compared to the previous four-quarter average. The company's valuation appears expensive with a price-to-book value of 1.5, and while profits have risen by 12.1%, the overall sentiment remains cautious due to the flat growth and reliance on non-operating income, which constitutes a significant portion of profit before tax.