Why is Ceigall India falling/rising?

As of 25-Jul, Ceigall India Ltd's stock price is currently at 261.00, reflecting a decrease of 3.35, or 1.27%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.96% during this period. In terms of performance against benchmarks, the stock has seen a 1-week return of -2.97% compared to the Sensex's -0.36%, and a year-to-date decline of 23.12% against the Sensex's gain of 4.25%. The company has reported negative results for the last three consecutive quarters, with a significant drop in profits, which has likely contributed to the stock's downward trend. Despite having high management efficiency and a low debt-to-equity ratio, the overall poor long-term growth outlook and declining operating profits have negatively impacted investor sentiment.
Broader Market Context: In the short term, Ceigall India Ltd's performance has lagged behind the benchmark, as evidenced by its 1-week return compared to the Sensex. The broader market has shown resilience with a slight decline, while Ceigall India has experienced a more pronounced drop. The falling investor participation, indicated by a 55.26% decrease in delivery volume, further suggests a lack of confidence among investors, which could be exacerbating the stock's decline. Overall, the combination of poor financial results, declining profits, and underperformance relative to the market has led to a negative sentiment surrounding Ceigall India Ltd's stock.