Why is Ceigall India falling/rising?

As of 09-Sep, Ceigall India Ltd's stock price is currently at Rs 271.95, reflecting a decrease of Rs 6.15 or 2.21%. The stock has underperformed its sector by 1.89% today and has experienced a trend reversal after three consecutive days of gains, hitting an intraday low of Rs 269, which is a decline of 3.27%. Over the past week, the stock has shown a return of +6.65%, but it has significantly underperformed over the longer term, with a year-to-date return of -19.90% and a one-year return of -26.39%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 21.14%, but it has also faced challenges, including negative results for the last four consecutive quarters and a decline in profits by 2% over the past year.
Broader Market Context: In the context of the broader market, Ceigall India Ltd's performance has been notably weaker than the benchmark, with the BSE500 index showing a negative return of only -2.87% over the past year. This stark contrast highlights the company's struggles, as institutional investors have reduced their stake by 0.57%, indicating a lack of confidence in the stock's future prospects. Additionally, the stock's liquidity remains adequate for trading, but the falling delivery volume suggests diminishing investor interest, which could further pressure the stock price. Overall, the combination of poor long-term growth, declining institutional participation, and negative quarterly results contributes to the stock's current downward trajectory.