Why is Amarjothi Spg. falling/rising?

As of 18-Sep, Amarjothi Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 161.70, which reflects a decrease of Rs 5.3 or 3.17%. The stock has underperformed its sector by 3.37% today and has fallen after four consecutive days of gains. It opened with a loss of 2.63% and reached an intraday low of Rs 161.2, indicating a negative trend. Over the past week, the stock has shown a return of +7.30%, but it has significantly underperformed the benchmark Sensex, which has gained +1.80% over the same period. The stock's long-term performance is concerning, with a year-to-date return of -26.10% compared to the Sensex's +6.24%. Additionally, the stock's profitability has declined, with a reported 5.7% drop in profits over the past year, contributing to its negative momentum.
In the broader market context, while the stock has shown some short-term recovery, its long-term fundamentals are weak, with a low average Return on Capital Employed (ROCE) of 8.62% and poor growth in net sales and operating profit over the last five years. The stock has consistently underperformed against the benchmark BSE500, generating -26.70% returns in the last year and failing to keep pace with the market. This consistent underperformance, coupled with a significant drop in net sales and profit after tax in the latest quarter, has likely led to decreased investor confidence and participation, further exacerbating the stock's decline.