Why is Ceigall India falling/rising?

As of 23-Sep, Ceigall India Ltd is experiencing a decline in its stock price, currently at Rs 273.25, which reflects a decrease of Rs 6.85 or 2.45%. The stock has underperformed its sector by 1.53% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 272, indicating a drop of 2.89%. Over the past week, the stock has decreased by 1.80%, while it has shown a positive return of 8.00% over the past month. Despite this recent uptick, the stock has a year-to-date decline of 19.51% and a one-year return of -30.31%. The company maintains a high management efficiency with a return on capital employed (ROCE) of 21.14% and a low debt to EBITDA ratio of 0.69, suggesting a strong ability to service its debt. However, the stock's performance has been negatively impacted by a significant drop in profits over the past year, which has contributed to its overall decline.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Ceigall India Ltd's performance has been notably worse, indicating that the stock is not only underperforming its sector but also lagging behind the overall market. The stock's liquidity appears adequate, with a delivery volume increase of 5.42% against the five-day average, suggesting some investor interest. However, the significant year-to-date and one-year declines in stock price compared to the Sensex's positive returns of 5.07% and -3.33%, respectively, highlight the challenges Ceigall India Ltd faces in regaining investor confidence amidst a generally stable market environment.