Why is Siemens falling/rising?

As of 24-Jul, Siemens Ltd. is experiencing a decline in its stock price, currently at 3,123.35, which reflects a decrease of 17.65 points or 0.56%. The stock has underperformed its sector by 0.28% today and has been on a consecutive downward trend for the last three days, accumulating a total loss of 1.15% during this period. Over the past week, Siemens has shown a slight gain of 0.46%, but its one-month performance is down by 1.11%. The stock's long-term trajectory is concerning, with a year-to-date decline of 18.68% and a one-year drop of 21.67%. The company's financial health is also under scrutiny, as it has reported negative results recently, with a significant fall in profit before tax and profit after tax, alongside a low return on equity of 16.7%. Institutional investor participation has decreased, indicating a lack of confidence in the stock's future performance.
In the broader market context, while the Sensex has shown a slight decline of 0.09% over the past week, Siemens' performance has been notably worse, highlighting its struggles relative to the market. The stock's year-to-date performance is significantly lagging behind the Sensex, which has gained 5.18% during the same period. This underperformance is compounded by a low debt-to-equity ratio and a market capitalization of Rs 1,11,857 crore, which, despite being substantial, has not translated into positive investor sentiment. The stock's valuation appears expensive compared to its peers, and with a PEG ratio of 0.9, it suggests that the stock may not be a favorable investment at this time.