Why is Andhra Petrochem falling/rising?

As of 17-Sep, Andhra Petrochemicals Ltd is experiencing a decline in its stock price, currently at Rs 58.01, reflecting a decrease of -1.21 (-2.04%). The stock has been underperforming, having fallen for the last two consecutive days, resulting in a total drop of -7.8% during this period. Today's trading saw the stock reach an intraday high of Rs 61.3 but also dip to a low of Rs 56.95. The stock's performance over the past week shows a significant increase of +16.02%, but it has underperformed against the sector by -1.87%. Furthermore, the company has reported negative results for the last four consecutive quarters, with a substantial decline in operating profit and net sales, indicating poor long-term growth prospects.
In the broader market context, while the Sensex has shown a modest increase of +1.56% over the past week, Andhra Petrochemicals has significantly lagged behind, highlighting its consistent underperformance against the benchmark. The stock's year-to-date performance is notably poor, with a decline of -22.01%, contrasting sharply with the Sensex's gain of +5.83%. This underperformance is further emphasized by the low investor participation, as indicated by a slight decrease in delivery volume, and the fact that domestic mutual funds hold only a minimal stake in the company, suggesting a lack of confidence in its future prospects.