Why is Ador Welding falling/rising?

As of 25-Aug, Ador Welding Ltd's stock price is currently at 919.80, reflecting a decrease of 1.9 points or 0.21%. Today's price summary indicates that the stock has outperformed its sector by 0.29%, although it is trading higher than its 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.20%, but it has significantly underperformed in the longer term, with a 12.64% decline over the past month and a 30.37% drop over the past year. Despite a low debt-to-equity ratio and an attractive valuation with a return on equity of 13.4, the stock's profits have fallen by 33.2%, contributing to its negative performance. Additionally, while institutional investors have increased their stake, indicating some confidence in the company's fundamentals, the overall investor participation has decreased, as evidenced by a significant drop in delivery volume.
In the broader market context, the Sensex has shown a positive return of 0.45% over the past week and a 4.48% increase year-to-date, contrasting sharply with Ador Welding's negative returns. The stock's performance over the past month and year highlights a significant underperformance compared to the benchmark, which may be contributing to investor sentiment and the stock's current decline. The disparity between the stock's recent performance and the benchmark indicates that while there may be some positive factors at play, such as institutional interest, the overall market conditions and the company's declining profits are overshadowing these elements, leading to a downward movement in the stock price.