Why is Pritika Auto falling/rising?

As of 25-Sep, Pritika Auto Industries Ltd is experiencing a slight decline in its stock price, currently at 17.21, which reflects a decrease of 0.02 or 0.12%. The stock has been on a downward trend, losing value for the past six days and showing a total decline of 2.77% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a healthy long-term growth outlook, with operating profit increasing at an annual rate of 41.25% and positive quarterly results, the stock has underperformed significantly over the past year, with a return of -38.51%. Furthermore, foreign institutional investors (FIIs) have reduced their holdings to 2.96%, which may contribute to the stock's recent struggles.
In the broader market context, Pritika Auto's short-term performance has been relatively better than the benchmark, outperforming the Sensex by 0.58% today, despite a weekly decline of 1.94% compared to the Sensex's 2.23% drop. However, over the longer term, the stock has significantly lagged behind the benchmark, with a year-to-date decline of 30.77% against the Sensex's gain of 3.87%. This stark contrast highlights the challenges Pritika Auto faces in regaining investor confidence, especially in light of decreasing investor participation and liquidity concerns, as evidenced by a 26.07% drop in delivery volume against the 5-day average.