Why is BASF India falling/rising?

As of 19-Aug, BASF India Ltd's stock price is currently at 4,521.00, reflecting a decrease of 44.7 points or 0.98%. The stock has underperformed its sector by 1.51% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.78%, and it has experienced a significant drop of 29.33% over the last year, while its profits have fallen by 38.1%. 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 declared negative results for the last three consecutive quarters, contributing to its recent price decline.
In the broader market context, BASF India's recent performance contrasts sharply with the Sensex, which has increased by 1.76% over the past week. The stock's year-to-date return of -19.08% also highlights its underperformance relative to the benchmark, which has gained 4.49% in the same period. This underperformance is compounded by the company's declining profitability and negative quarterly results, which have led to a lack of investor confidence despite some positive long-term growth indicators. Overall, the combination of poor recent financial performance and a lack of momentum in the stock price has contributed to its downward trend.