Why is Panasonic Carbon falling/rising?

As of N/A, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 529.95, which reflects a decrease of 1.05 or 0.2%. Unfortunately, today's price summary data is not available, but the stock has shown mixed performance in the past week, with a return of +1.93%, while it has underperformed over the last month with a decline of 7.63%. The company has a low debt-to-equity ratio, which is generally favorable, but it faces challenges such as poor long-term growth, with net sales growing at an annual rate of only 3.71% and operating profit at 2.72% over the last five years. Recent quarterly results indicate a significant drop in net sales and the lowest PBDIT, which may contribute to the stock's downward movement.
In the broader market context, the Sensex has declined by 1.08% over the past week, indicating that the stock's short-term performance is relatively better than the benchmark. However, the year-to-date performance shows that while Panasonic Carbon has decreased by 3.68%, the Sensex has increased by 5.75%, highlighting a significant underperformance compared to the market. The company's valuation appears expensive with a Price to Book Value of 1.5, and despite generating a return of 2.68% over the past year, the overall sentiment remains cautious due to flat results and reliance on non-operating income, which could further pressure the stock price.