Why is BASF India falling/rising?

As of 06-Aug, BASF India Ltd's stock price is currently at 4,620.00, reflecting a decrease of 26.35 points or 0.57%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 7.91% during this period. Additionally, BASF India has underperformed significantly over the past year, with a return of -20.55% compared to the Sensex's positive return of 2.48%. Despite a high management efficiency indicated by a return on equity (ROE) of 16.65% and a low debt-to-equity ratio, the company has faced negative results for the last three consecutive quarters, contributing to its recent price decline.
Broader market context indicates that BASF India's short-term performance has been notably worse than the benchmark, as it has dropped 7.90% over the past week while the Sensex only fell by 1.15%. The stock's liquidity appears adequate, with a delivery volume increase of 10.01% against the five-day average, suggesting some investor interest. However, the overall market sentiment remains cautious due to the company's declining profits, which have fallen by 38.1% over the past year, further exacerbating its underperformance relative to the broader market.