Why is Borosil Scienti. falling/rising?

As of 12-Aug, Borosil Scientific Ltd's stock price is currently at 145.00, reflecting a decrease of 4.85, or 3.24%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.75% during this period. It opened with a loss of 2.2% today and reached an intraday low of Rs 143.6. Over the past week, the stock has declined by 6.54%, and it has shown a significant underperformance against the benchmark, with a year-to-date return of -11.85% compared to the Sensex's gain of 2.68%. The company's low return on equity of 6.63% and poor management efficiency, alongside disappointing quarterly results, have contributed to the negative sentiment surrounding the stock. Additionally, the low stake held by domestic mutual funds may indicate a lack of confidence in the company's valuation and growth prospects.
In the broader market context, the stock's performance has been notably weaker than the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has shown resilience with a 2.68% gain year-to-date, Borosil Scientific Ltd's significant decline of 11.85% reflects investor concerns about its profitability and growth potential. The stock's liquidity remains adequate, but the overall negative sentiment and the company's inability to generate substantial returns have led to its current downward trajectory.