Why is Cenlub Industrie falling/rising?

As of 23-Sep, Cenlub Industries Ltd is experiencing a decline in its stock price, currently at Rs 313.00, which reflects a decrease of Rs 13.9 or 4.25%. The stock has underperformed significantly, with a 1-week return of -4.28% and a 1-month return of -5.22%. Today's performance indicates that the stock is trading close to its 52-week low, just 4.07% away from Rs 300.25, and it has touched an intraday low of Rs 312. The stock is also trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 40.07% compared to the 5-day average. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock's recent performance has been negatively impacted by a significant decline in profits and net sales.
In the broader market context, Cenlub Industries has underperformed the benchmark, with a 1-year return of -33.15% compared to the Sensex's decline of only -3.33%. This stark contrast highlights the stock's struggles relative to the overall market. The company's recent financial results show a substantial drop in profit after tax and net sales, which further exacerbates its negative performance. While the stock has shown strong growth over the long term, the recent quarterly results indicate a troubling trend that has led to its current decline, making it a strong sell in the eyes of investors.