Why is Alicon Cast. falling/rising?

As of 11-Sep, Alicon Castalloy Ltd is experiencing a decline in its stock price, currently at 832.00, which reflects a decrease of 1.2 or 0.14%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total return of -1.01% during this period. Despite a positive performance over the past week and month, with returns of +1.19% and +4.54% respectively, the stock has significantly underperformed over the year, generating a return of -43.05%. The company has reported negative results for the last three consecutive quarters, with a notable decline in profits, which has contributed to the stock's downward trend. Additionally, while the stock is trading at a discount compared to its peers, the recent drop in operating profit and return on capital employed (ROCE) has raised concerns among investors.
In the broader market context, Alicon Castalloy Ltd's short-term performance has slightly outpaced the Sensex, which has returned +1.03% over the past week. However, the stock's year-to-date performance is starkly negative at -16.57%, contrasting with the Sensex's positive return of +4.36%. This disparity highlights the stock's struggles relative to the broader market, particularly given its significant underperformance over the past year and three years compared to the BSE500. The rising investor participation, indicated by an increase in delivery volume, suggests some interest, but the overall sentiment remains cautious due to the company's recent financial performance and the negative trends in profitability.