Why is Ceigall India falling/rising?

As of 17-Sep, Ceigall India Ltd's stock price is currently at 277.15, reflecting a decrease of 1.1, or 0.4%. The stock has recently underperformed its sector by 0.92% and has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has shown a return of +2.65%, significantly outperforming the Sensex, which returned +1.56%. However, the stock's year-to-date performance remains poor at -18.37%, with a notable decline of -26.45% over the past year. 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 operating profit growth over the past five years.
In the broader market context, while the stock has shown some short-term resilience, it has underperformed the market significantly over the past year, where the BSE500 index generated a return of -2.63%. Institutional investors have decreased their stake in the company, indicating a lack of confidence in its long-term growth potential. Despite a rise in investor participation recently, the overall sentiment remains cautious due to the company's declining profits and poor operating performance relative to interest expenses. This combination of factors contributes to the stock's current downward movement.