Why is Panasonic Carbon falling/rising?

As of 07-Jul, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 522.00, which reflects a decrease of 1.6 points or 0.31%. The stock has been underperforming recently, with a consecutive fall over the last four days, resulting in a total decline of 1.43%. In terms of returns, the stock has decreased by 1.03% over the past week and has seen a significant drop of 9.39% over the last month, contrasting sharply with the Sensex, which has gained 1.53% in the same timeframe. Additionally, the company has reported poor long-term growth metrics, with net sales growing at an annual rate of only 3.71% and operating profit at 2.72% over the last five years, contributing to a perception of weak performance.
Broader market context indicates that while the Sensex has shown resilience with a year-to-date increase of 6.79%, Panasonic Carbon's year-to-date performance is negative at -5.13%. The stock's recent performance has been further impacted by a notable decline in investor participation, with delivery volume falling by 27.63% against the five-day average. Despite having a low debt-to-equity ratio and being liquid enough for trading, the company's flat results in the most recent quarter, including a 5.7% drop in net sales, have raised concerns about its valuation, which is considered expensive relative to its peers. This combination of factors has led to a negative sentiment surrounding the stock, contributing to its current downward trend.