Why is Bhansali Engg. falling/rising?

As of 08-Jul, Bhansali Engineering Polymers Ltd is experiencing a decline in its stock price, currently at 115.65, reflecting a decrease of 0.9 or 0.77%. The stock has shown a trend reversal, falling after two consecutive days of gains. Although the stock is trading higher than its 20-day, 50-day, and 100-day moving averages, it remains lower than its 5-day and 200-day moving averages. The stock's performance over the past week has been negative at -1.11%, and it has underperformed significantly over the past year with a return of -25.24%. While the company has a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 2.9, its long-term growth prospects appear poor, as evidenced by a net sales growth rate of only 4.83% over the last five years and disappointing quarterly results.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Bhansali Engineering's negative performance. This underperformance is further highlighted by the company's returns, which have lagged behind the benchmark indices over various periods, including a -15.80% year-to-date return compared to the Sensex's 7.13%. Additionally, the low stake held by domestic mutual funds, at only 0.26%, may indicate a lack of confidence in the company's current valuation or business prospects, contributing to the stock's downward movement.