Why is Popular Vehicles falling/rising?

As of 13-Jun, Popular Vehicles & Services Ltd is experiencing a decline in its stock price, currently at Rs 120.75, reflecting a decrease of Rs 5.25 or 4.17%. Today's performance indicates that the stock opened lower, with a gap down of 2.26%, and reached an intraday low of Rs 118.8, marking a drop of 5.71%. The stock has underperformed its sector by 3.95% today, and the delivery volume has decreased by 19.49% compared to the 5-day average, suggesting a decline in investor participation. Over the past year, the stock has generated a return of -48.49%, significantly underperforming the benchmark Sensex, which has gained 5.61%. While the company has shown healthy long-term growth in net sales and operating profit, it has also faced challenges, including a high Debt to EBITDA ratio of 5.74 times and negative results for the last three consecutive quarters, which have contributed to its recent price movement. In the broader market context, the stock's short-term performance over the past week shows a decline of 0.90%, while the Sensex has decreased by 1.30%, indicating that the stock has slightly outperformed the benchmark in this timeframe. However, the stark contrast in the longer-term performance, with the stock down 22.10% year-to-date compared to the Sensex's gain of 3.81%, highlights the ongoing struggles of Popular Vehicles. The high institutional holdings at 24.39% suggest that these investors are closely monitoring the company's fundamentals, which may influence future trading decisions. Overall, the combination of declining investor participation, negative financial results, and high debt levels are significant factors contributing to the stock's downward trend.