Why is Aarti Industries falling/rising?

As of 22-Sep, Aarti Industries Ltd. is experiencing a decline in its stock price, currently at 389.40, which reflects a decrease of 3.85 points or 0.98%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite a slight increase of 0.09% over the past week and 1.78% over the past month, the stock has significantly underperformed over the longer term, with a year-to-date decline of 5.07% and a staggering 32.10% drop over the past year. The company's recent performance has been characterized by negative results for the last four consecutive quarters, with profits falling by 51.5%. Although there is high institutional ownership at 26.84%, which suggests some confidence in the stock, the overall outlook remains poor due to a consistent underperformance against benchmarks and a negative operating profit growth rate of -8.45% over the last five years.
In the broader market context, Aarti Industries' short-term performance has lagged behind the benchmark, with the Sensex gaining 0.46% over the past week and 1.05% over the past month. The stock's year-to-date performance is notably worse than the Sensex, which has risen by 5.15%. This underperformance is compounded by the company's low return on capital employed (ROCE) of 6.2, indicating fair valuation but poor growth prospects. The stock is trading at a discount compared to its peers, yet the negative trends in profitability and consistent declines in quarterly results suggest that investor sentiment remains cautious, contributing to the stock's current downward movement.