Why is Ceigall India falling/rising?

As of 13-Oct, Ceigall India Ltd's stock price is currently at Rs 257.15, reflecting a decrease of Rs 4.35 or 1.66%. The stock has underperformed its sector by 1.46% today, having touched an intraday low of Rs 256.05, which represents a decline of 2.08%. Over the past week, the stock has fallen by 3.74%, and it has also shown a significant decline of 24.26% year-to-date. The company's performance has been negatively impacted by a drop in investor participation, as evidenced by a 57.24% decrease in delivery volume compared to the 5-day average. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite having a high return on capital employed (ROCE) of 21.14% and a low debt-to-EBITDA ratio, the company has faced challenges with poor long-term growth, as its operating profit has declined at an annual rate of 2.92% over the last five years, and it has reported negative results for the last four consecutive quarters.
In the broader market context, Ceigall India Ltd's recent performance contrasts sharply with the Sensex, which has gained 0.66% over the past week. The stock's year-to-date return of -24.26% and one-year return of -32.32% further highlight its underperformance relative to the benchmark, which has seen a 5.36% increase during the same period. The decline in institutional investor participation, with a decrease in their stake by 0.57%, suggests a lack of confidence in the company's future prospects, which could further contribute to the stock's downward pressure. Overall, the combination of poor financial results, declining investor interest, and underperformance against the market has led to the stock's current downward trajectory.