Why is Andhra Petrochem falling/rising?

As of 16-Sep, Andhra Petrochemicals Ltd is experiencing a decline in its stock price, currently at Rs 59.22, which reflects a decrease of Rs 3.7 or 5.88%. Today's price summary indicates that the stock has underperformed its sector by 4.18% and has fallen after four consecutive days of gains, reaching an intraday low of Rs 58.57. Despite trading above its moving averages, the company has reported negative financial results over the last four quarters, with a significant drop in both profit before tax and profit after tax, alongside a negative EBITDA. The stock has also shown poor long-term growth, with a staggering annual operating profit decline of 281.78% over the past five years, contributing to its overall negative performance of -41.19% in the last year.
In the broader market context, Andhra Petrochemicals has outperformed the benchmark Sensex in the short term, with a 1-week return of 20.49% compared to the Sensex's 1.58%. However, this short-term gain is overshadowed by the stock's long-term underperformance, as it has consistently lagged behind the benchmark over the past three years. The low participation from domestic mutual funds, holding only 0.04% of the company, suggests a lack of confidence in the stock's future prospects. Overall, while there are some short-term gains, the negative financial indicators and long-term underperformance are driving the stock's current decline.