Why is Panasonic Carbon falling/rising?

As of 04-Jul, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 523.60, which reflects a decrease of 1.55 (-0.3%). The stock has underperformed its sector by 0.45% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 1.12% during this period. Additionally, the stock's performance over the past week shows a decrease of 1.00%, while it has fallen by 4.83% year-to-date. The company's low debt-to-equity ratio is a positive factor; however, its poor long-term growth, with net sales growing at an annual rate of only 3.71% over the last five years, raises concerns. Recent financial results indicate a decline in net sales and operating profit, which may be contributing to the stock's downward movement.
In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, indicating that the market is also experiencing some downward pressure. However, Panasonic Carbon's performance is notably worse than the benchmark, as it has underperformed the Sensex significantly in both the short term and year-to-date comparisons. While the stock has generated a modest return of 1.06% over the past year, this is overshadowed by the benchmark's 6.77% increase, suggesting that investor sentiment may be leaning towards caution regarding Panasonic Carbon's future growth prospects.