Why is Ceigall India falling/rising?

As of 10-Jul, Ceigall India Ltd's current price is 271.35, reflecting a decrease of 0.15, or 0.06%. The stock has underperformed its sector today, with a performance drop of 0.53%. It has been on a downward trend for the last two days, resulting in a total decline of 1.56%. Although the stock has shown a positive return of 1.69% over the past week and 4.01% over the past month, it has a significant year-to-date decline of 20.07%. The company has high management efficiency with a return on equity (ROE) of 23.89%, but it has also reported negative results for the last three consecutive quarters, contributing to investor concerns. The falling investor participation, with a delivery volume decrease of 65.81% against the five-day average, further indicates a lack of confidence among traders.
In the broader market context, while Ceigall India has outperformed the Sensex over the past week and month, it has significantly lagged behind the benchmark year-to-date, where the Sensex has gained 6.46%. The stock's liquidity remains adequate for trading, but the overall negative sentiment stemming from poor long-term growth and declining profits has overshadowed its attractive valuation metrics. The company's operating profit has decreased at an annual rate of 2.92% over the last five years, which, combined with the recent negative quarterly results, has likely contributed to the stock's current downward trajectory.