Why is Va Tech Wabag falling/rising?

As of 06-Nov, Va Tech Wabag Ltd's stock is currently priced at 1,354.40, reflecting a decline of 45.8 points or 3.27%. The stock has been underperforming, having fallen for four consecutive days, resulting in a total decline of 4.39% over the past week. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite positive financial indicators such as a 21.11% growth in net sales and a 29.75% increase in profit after tax over the latest six months, the stock has underperformed significantly over the past year, with a return of -21.80% compared to the market's average return of 3.65%. Additionally, while the company has a low debt-to-equity ratio and high institutional holdings, the long-term growth outlook remains poor, with net sales growing at an annual rate of only 6.09% over the last five years.
Broader Market Context: In the context of the broader market, Va Tech Wabag's recent performance has been notably weak, especially when compared to the Sensex, which has gained 1.86% over the past month. The stock's decline of 4.39% in the last week contrasts sharply with the benchmark's performance, indicating a significant underperformance. This trend is compounded by the company's recent financial results, which, despite showing growth, have not translated into positive stock performance, leading to a perception of poor long-term growth potential among investors.