Why is Alicon Cast. falling/rising?

As of 19-Sep, Alicon Castalloy Ltd's stock price is currently at 842.20, reflecting a decrease of 12.5 points or 1.46%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.48%. In the past week, the stock has decreased by 4.30%, while its one-year return stands at a significant decline of 39.11%. The company has also reported negative results for the last three consecutive quarters, with a notable drop in profits by 46%. Despite a healthy long-term growth rate in operating profit of 61.48%, the stock's recent performance has been adversely affected by falling investor participation, as evidenced by a 21.8% decline in delivery volume compared to the five-day average.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with Alicon Castalloy's negative performance. This indicates that while the overall market is experiencing gains, Alicon Castalloy is struggling to keep pace, further highlighting its underperformance relative to the benchmark. The stock's liquidity remains adequate for trading, but its current valuation appears attractive compared to peers, suggesting that the market may be reacting to the recent negative financial results rather than the company's long-term growth potential.