Why is Porwal Auto Comp falling/rising?

As of 31-Jul, Porwal Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 46.12, reflecting a decrease of -1.77 (-3.7%). The stock has underperformed its sector by -1.75% today and has been on a consecutive downward trend for the last two days, with a total decline of -4.91% during this period. It opened with a loss of -2.59% today and reached an intraday low of Rs 46, indicating significant selling pressure. Over the past week, the stock has fallen by -4.71%, and its year-to-date performance shows a substantial decline of -19.23%. The company has reported positive quarterly results recently, but its long-term fundamentals remain weak, with a -0.97% CAGR growth in operating profits over the last five years and a low return on equity of 2.02%, which contributes to its negative price movement.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-year return of -34.24% compared to the BSE500's decline of -3.20%. This stark contrast highlights the stock's significant underperformance relative to the market. Additionally, the castings/forgings sector has also seen a decline of -2.36%, further contributing to the negative sentiment surrounding Porwal Auto Components Ltd. The falling investor participation, evidenced by a -28.29% drop in delivery volume, suggests a lack of confidence among investors, which is likely exacerbating the stock's downward trajectory.