Why is Uniparts India falling/rising?

As of 09-Jul, Uniparts India Ltd is experiencing a decline in its stock price, currently at 405.00, reflecting a decrease of 13.0 points or 3.11%. Today's performance indicates that the stock opened with a loss and has underperformed its sector by 3.8%. Over the past week, the stock has shown a modest gain of 1.25%, but it has significantly underperformed over the last year with a return of -21.36%. The company has reported negative results for the last nine consecutive quarters, with profits falling by 29.4%, which contributes to its poor long-term growth outlook. Despite a high dividend yield of 3.5%, the stock is trading at a premium compared to its peers, and the recent decline in institutional investor participation further raises concerns about its future performance.
In the broader market context, Uniparts India has underperformed compared to the benchmark Sensex, which has generated a return of 1.43% over the past year. While the stock has shown some positive movement in the short term, its overall trajectory remains negative, particularly with a year-to-date return of -1.57% against the Sensex's gain of 6.91%. The combination of declining sales, poor operating profit growth, and reduced institutional interest suggests that investor sentiment is cautious, contributing to the stock's current downward trend.