Why is Voltas falling/rising?

As of 09-Sep, Voltas Ltd. is experiencing a decline in its stock price, currently at 1,411.25, which reflects a decrease of 7.25 or 0.51%. The stock has underperformed its sector by 0.29% today and has been on a consecutive downward trend for the last two days, resulting in a total return of -1.59% during this period. Over the past week, the stock has fallen by 1.72%, while it has shown a modest gain of 8.25% over the past month. However, the year-to-date performance remains concerning, with a significant drop of 21.15%. The company's low debt-to-equity ratio and high institutional holdings indicate some stability, but the recent financial performance has been disappointing, with a notable decline in profit before tax and profit after tax compared to previous quarters.
In the broader market context, the Sensex has increased by 1.18% over the past week, contrasting sharply with Voltas' performance. While the stock has outperformed the benchmark over a three-year period, it has significantly lagged behind in the last year, with a return of -22.39% compared to the Sensex's slight decline of 0.56%. This underperformance, coupled with falling investor participation and liquidity concerns, suggests that market sentiment towards Voltas is currently negative. The stock's valuation appears expensive relative to its return on equity, further contributing to the bearish outlook among investors.