Why is Panasonic Carbon falling/rising?

As of 23-Jul, Panasonic Carbon India Company Ltd. is experiencing a decline in its stock price, currently at 522.65, which reflects a decrease of 4.35 (-0.83%). The stock has underperformed its sector by 1.7% today and has been on a consecutive decline for the last four days, resulting in a total drop of 1.62% during this period. Additionally, the stock's performance over the past week shows a decrease of 1.38%, while its one-month return is down by 2.15%. The company has a low Debt to Equity ratio, which is a positive factor; however, its long-term growth prospects appear weak, with net sales growing at an annual rate of only 3.71% over the last five years. Recent quarterly results also indicate a decline in net sales and operating profit, contributing to the stock's negative momentum.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with Panasonic Carbon's decline. This underperformance against the benchmark highlights the stock's struggles relative to the overall market. The stock's liquidity is adequate, but a significant drop in delivery volume by 32.67% against the five-day average suggests waning investor interest. While the stock has generated a return of 4.60% over the past year, the company's profits have only risen by 12.1%, indicating that the valuation may be perceived as expensive, further pressuring the stock price.