Why is Porwal Auto Comp falling/rising?

As of 17-Sep, Porwal Auto Components Ltd is experiencing a decline in its stock price, currently at Rs 63.13, which reflects a decrease of Rs 1.57 or 2.43%. The stock has underperformed its sector by 3.14% today and has fallen after two consecutive days of gains. It opened with a loss of 2.07% and reached an intraday low of Rs 62.55, indicating a bearish trend. Despite a strong performance over the past month with a return of 21.40%, the stock has generated a return of -0.58% over the past year, while its profits have significantly decreased by 56.4%. The company's weak long-term fundamental strength, highlighted by a low Return on Capital Employed (ROCE) of 4.18% and a poor EBIT to Interest ratio of 1.29, further contributes to the negative sentiment surrounding the stock.
In the broader market context, the Sensex has shown a positive return of 1.56% over the past week, contrasting with Porwal Auto Components' decline of 0.52% during the same period. This underperformance relative to the benchmark suggests that investor sentiment may be shifting away from the stock, particularly given the falling investor participation, as indicated by a 57.89% drop in delivery volume compared to the five-day average. While the stock is trading at a discount compared to its peers and has shown some positive results in the past six months, the overall market conditions and the company's financial challenges are likely influencing its current price movement negatively.