Why is BASF India falling/rising?

As of 08-Aug, BASF India Ltd is experiencing a decline in its stock price, currently at 4,509.15, which reflects a decrease of 76.7 points or 1.67%. The stock has been on a downward trend, having lost 10.12% over the past six days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the last week, the stock has underperformed with a return of -6.58%, compared to a -0.92% decline in the Sensex. Additionally, the company has reported negative results for the last three consecutive quarters, with significant falls in profit before tax and profit after tax, contributing to a substantial year-to-date decline of 19.29% and a one-year drop of 40.42%.
In the broader market context, while the Sensex has shown a slight positive return of 2.20% year-to-date, BASF India has significantly lagged behind, indicating a stark underperformance relative to the market. The pesticides and agrochemicals sector, in which BASF operates, has also seen a decline of 2.27%. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 37.2% against the 5-day average, suggesting reduced interest in the stock. Despite the company's high management efficiency and attractive valuation metrics, the ongoing negative financial results and poor market performance have overshadowed these positives, leading to the current downward price movement.