Why is Apollo Tyres falling/rising?

As of 12-Sep, Apollo Tyres Ltd. is experiencing a decline in its stock price, currently at 475.90, which reflects a decrease of 2.3 points or 0.48%. The stock has been losing value for the past three days, with a total drop of 1.58% during this period. Despite a healthy long-term growth rate in net sales and operating profit, the company has faced negative results for the last five consecutive quarters, leading to a significant fall in profits by 38.3%. Additionally, the stock's delivery volume has decreased by 30.72% compared to the five-day average, indicating falling investor participation. Although the stock is trading at a discount compared to its peers, the negative sentiment surrounding its recent performance is impacting its price. In the broader market context, Apollo Tyres' short-term performance has been underwhelming compared to the benchmark Sensex, which has gained 1.48% over the past week while Apollo Tyres has lost 1.73%. The company's year-to-date performance is also concerning, with a decline of 10.13% compared to the Sensex's increase of 4.82%. Despite high institutional holdings at 41.38%, which typically indicate a strong analytical backing, the overall negative financial results and declining investor interest are contributing to the stock's downward movement.