Why is Panasonic Energy falling/rising?

As of 04-Sep, Panasonic Energy India Company Ltd's stock price is currently at 348.60, reflecting a decrease of 3.4 points or 0.97%. The stock has recently outperformed its sector by 0.84%, but it has experienced a trend reversal after three consecutive days of gains. Additionally, the stock's delivery volume has significantly declined by 44.95% compared to the five-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -32.18%, with profits declining by 35.8%. Despite having a low debt-to-equity ratio and an attractive valuation compared to peers, the stock's poor performance in both the near and long term, highlighted by the lowest operating profit to net sales and cash equivalents, suggests underlying weaknesses.
In the broader market context, the stock has shown a 1-week return of +1.01%, outperforming the Sensex, which returned +0.80%. However, over the past month, Panasonic Energy has underperformed with a return of -5.78% compared to the Sensex's -0.37%. The stock's year-to-date performance is particularly concerning, with a decline of -23.94% against the Sensex's increase of +3.30%. This underperformance in the long term, coupled with negative financial results, contributes to a challenging environment for the stock, leading to its current downward movement.