Why is Popular Vehicles falling/rising?

As of 29-Aug, Popular Vehicles & Services Ltd is experiencing a decline in its stock price, currently at Rs 109.35, reflecting a decrease of Rs 1.65 or 1.49%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in an overall decline of 8.46% during this period. Despite opening with a gain of 2.39% today and reaching an intraday high of Rs 113.65, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported a significant drop in profits over the past year, with a staggering 52.14% decline in returns, and has faced negative results for the last four consecutive quarters, which has contributed to its weak performance.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.82% compared to the Sensex's -1.84%. The company's weak long-term fundamentals, including a high Debt to EBITDA ratio and a negative return on equity, further exacerbate investor concerns. Additionally, the falling investor participation, as indicated by a decrease in delivery volume, suggests a lack of confidence in the stock. Although the company has high institutional holdings, which typically indicate a level of trust in its fundamentals, the overall negative sentiment surrounding its financial performance has led to its current downward trajectory.