Why is Popular Vehicles falling/rising?

As of 03-Jul, Popular Vehicles & Services Ltd is currently priced at 132.50, reflecting a decline of 0.9, or 0.67%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 4.09% during this period. Despite a positive performance over the past month with an increase of 8.70%, the stock has significantly underperformed the Sensex, which has risen by 3.10%. The stock's moving averages indicate that while it is above the 5-day, 20-day, 50-day, and 100-day averages, it remains below the 200-day average. Additionally, there has been a rise in investor participation, with delivery volume increasing by 4.37% compared to the 5-day average, suggesting some interest despite the recent price decline.
In the broader market context, the stock's year-to-date performance shows a significant decline of 14.52%, contrasting sharply with the Sensex's gain of 6.53%. This underperformance is compounded by the stock's one-year return of -46.49%, while the benchmark has only increased by 4.07%. However, the company demonstrates healthy long-term growth potential, with net sales growing at an annual rate of 15.20% and operating profit at 18.12%. The presence of high institutional holdings at 24.39% indicates that knowledgeable investors are backing the stock, which may provide some stability. Despite these positive factors, the recent price movement reflects ongoing market challenges and investor sentiment that may be weighing on the stock's performance.