Why is Aarti Industries falling/rising?

As of 04-Aug, Aarti Industries Ltd. is experiencing a decline in its stock price, currently at Rs 395.40, which reflects a decrease of Rs 10.95 or 2.69%. The stock has been underperforming significantly, having fallen consecutively for the last three days, resulting in a total drop of 11.3% during this period. Additionally, it has underperformed its sector by 3.27% today. The stock's performance over the past week shows a decline of 7.62%, and over the past year, it has generated a return of -46.34%. The company's recent financial results have been disappointing, with profits falling by 51.5% over the past year, and it has declared negative results for the last four consecutive quarters, which has contributed to the stock's poor performance.
In the broader market context, Aarti Industries' recent decline contrasts with the Sensex, which has shown a slight increase of 0.16% over the past week. While the stock is trading at a discount compared to its peers' average historical valuations, the overall sentiment remains negative due to poor long-term growth prospects, as indicated by an annual operating profit decline of 8.45% over the last five years. The stock's liquidity remains adequate, but falling investor participation, as evidenced by a 20.34% drop in delivery volume, suggests waning interest among investors. High institutional holdings at 26.84% may provide some stability, but the overall negative financial outlook continues to weigh heavily on the stock's price movement.