Why is Cera Sanitary. falling/rising?

As of 24-Sep, Cera Sanitaryware Ltd's stock price is currently at Rs 6,111.00, reflecting a decrease of Rs 70.95, or 1.15%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.04% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -26.46%, significantly underperforming the BSE500 index, which has seen a decline of only 3.77%. Despite a high management efficiency with a return on equity (ROE) of 16.16% and a low debt-to-equity ratio, the stock's long-term growth prospects appear poor, as evidenced by a modest annual net sales growth rate of 12.13% over the last five years.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -4.11% compared to the Sensex's decline of only -1.18%. This underperformance is compounded by negative financial results reported in June, which included the lowest ROCE and debtors turnover ratio. Although there has been a rise in institutional holdings, which may indicate confidence from more knowledgeable investors, the overall sentiment remains cautious due to the company's below-par performance in both the near and long term. The stock's attractive valuation metrics, such as a price-to-book value of 5.9, have not been sufficient to offset the negative sentiment surrounding its recent financial results and growth outlook.