Why is Bhansali Engg. falling/rising?

As of 24-Sep, Bhansali Engineering Polymers Ltd is experiencing a decline in its stock price, currently at 104.35, reflecting a decrease of 0.9 or 0.86%. The stock has underperformed its sector by 0.37% today and has been on a consecutive downward trend for the last five days, resulting in a total decline of 2.48% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a high dividend yield of 3.8% and a low debt-to-equity ratio, the company has reported a significant drop in profits and net sales, contributing to a negative sentiment around the stock. Over the past year, the stock has generated a return of -34.06%, indicating a poor performance relative to its peers.
In the broader market context, the stock's short-term performance of -2.48% over the past week contrasts with the Sensex, which has only declined by 1.18%. This underperformance is further highlighted by the stock's year-to-date return of -24.03%, while the Sensex has gained 4.58% during the same period. The lack of confidence from domestic mutual funds, which hold only 0.3% of the company, suggests that institutional investors may be wary of the stock's valuation and business prospects. Overall, the combination of declining profits, underwhelming sales growth, and negative investor sentiment has contributed to the stock's current downward trajectory.