Why is Sundaram Clayton falling/rising?

As of 25-Jul, Sundaram Clayton Ltd is experiencing a decline in its stock price, currently at Rs 1,947.20, which reflects a decrease of Rs 37.0 or 1.86%. Today's price summary indicates that the stock has underperformed its sector by 0.54% and has fallen after two consecutive days of gains. It opened with a loss of 2.17% and reached an intraday low of Rs 1,928.9, marking a 2.79% drop. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 89.19% compared to the 5-day average. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 57.20% and operating profit at 95.27%, it faces challenges such as a high Debt to EBITDA ratio of 5.07 times and a low return on equity of 7.36%, which indicate low profitability and a reduced ability to service debt. Furthermore, a decrease in promoter stake by 2.81% suggests diminishing confidence in the company's future.
In the broader market context, Sundaram Clayton's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.11% compared to the Sensex's -0.36%. Over the past month, the stock has declined by 7.59%, while the Sensex has only fallen by 1.56%. Year-to-date, Sundaram Clayton's performance is significantly lagging, down 23.73%, while the Sensex has gained 4.25%. This stark contrast highlights the stock's struggles in the current market environment, compounded by the company's financial challenges and reduced promoter confidence.