Why is Sar Auto Prod. falling/rising?

As of 24-Jun, Sar Auto Products Ltd is experiencing a decline in its stock price, currently at Rs 1,529.00, which reflects a decrease of Rs 45.9 or 2.91%. The stock has underperformed its sector by 3.61% today and has been on a downward trend for the last two days, accumulating a total loss of 5.03%. It opened with a significant gap down of 4.82% and reached an intraday low of Rs 1,496.2. Over the past week, the stock has dropped by 7.37%, and its year-to-date performance shows a decline of 19.53%. The company has weak long-term fundamentals, evidenced by a -4.85% CAGR growth in operating profits over the last five years and a low return on equity of 4.76%. Additionally, the stock is trading below all major moving averages, indicating a bearish trend.
In the broader market context, while the Sensex has shown a slight increase of 0.58% over the past week, Sar Auto Products Ltd has significantly lagged behind, highlighting its underperformance relative to the market. The stock's negative returns of -30.50% over the past year starkly contrast with the market's positive performance, which has generated returns of 2.98%. The lack of investor participation, with a delivery volume drop of 41.79% against the five-day average, further underscores the stock's declining appeal. The absence of domestic mutual fund investment suggests a lack of confidence in the company's prospects, contributing to the overall negative sentiment surrounding the stock.