Why is Titan Company falling/rising?

As of 11-Jul, Titan Company Ltd is experiencing a decline in its stock price, currently at 3,358.95, reflecting a decrease of 59.1 points or 1.73%. The stock has been on a downward trend, losing 8.88% over the past week and 5.13% over the past month. Today's performance indicates that the stock has fallen for five consecutive days, with a significant drop in delivery volume, down 68.71% compared to the five-day average. Despite a strong long-term growth outlook, with net sales growing at an annual rate of 23.49% and a healthy management efficiency indicated by a high ROCE of 22.06%, the stock's recent performance has been negatively impacted by a 4.4% decline in profits over the past year.
In the broader market context, Titan Company's short-term performance has lagged behind the benchmark Sensex, which has only declined by 1.12% over the past week. The stock's recent struggles are compounded by falling investor participation and a liquidity level that, while adequate, suggests a lack of strong trading interest. Despite its status as the largest company in its sector and a fair valuation compared to peers, the combination of declining returns and reduced trading volume indicates that investor sentiment may be cautious, contributing to the stock's current downward trajectory.