Why is Panasonic Carbon falling/rising?

As of 10-Jul, Panasonic Carbon India Company Ltd. is currently priced at 520.00, reflecting a slight increase of 0.1 (0.02%). The stock has been gaining for the last two days, with a total return of 0.2% during this period. However, it has underperformed its sector by 0.62% today. Over the past week, the stock has decreased by 0.98%, and it has shown a significant decline of 10.34% over the past month. Despite a positive return of 3.77% over the last year, the company's long-term growth appears poor, with net sales and operating profit growing at annual rates of only 3.71% and 2.72%, respectively. Additionally, the stock's valuation is considered expensive with a Price to Book Value of 1.5, and its recent quarterly results showed a decline in net sales and operating income.
In the broader market context, the Sensex has shown a marginal decline of 0.06% over the past week, indicating that the overall market sentiment is relatively stable. However, Panasonic Carbon's performance has lagged behind, particularly in the short term. The company's falling investor participation, as evidenced by a 45.96% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors. While the stock is liquid enough for trading, the combination of poor long-term growth prospects and high valuation relative to its peers may be contributing to its recent underperformance compared to the benchmark.