Why is Cheviot Company falling/rising?

As of 24-Jul, Cheviot Company Ltd's stock price is currently at 1,167.95, reflecting a decrease of 7.05, or 0.6%. The stock has underperformed its sector today by 0.62% and has experienced a trend reversal after three consecutive days of gains. Over the past week, the stock has declined by 0.86%, while it has shown a modest increase of 6.61% over the past month. However, its year-to-date performance is concerning, with a drop of 9.32%, and a significant decline of 16.43% over the past year. The company has a low debt-to-equity ratio and a fair valuation with a price-to-book value of 1.1, but its profits have fallen by 16.8% in the last year, indicating underlying issues. Additionally, the stock's consistent underperformance against benchmarks over the last three years raises concerns among investors.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, while Cheviot's performance has been notably worse. The stock's recent performance is compounded by poor long-term growth metrics, including a decline in net sales and operating profit over the last five years. The company's low return on capital employed and the minimal stake held by domestic mutual funds suggest a lack of confidence in its future prospects. Given these factors, the stock's current downward movement can be attributed to its weak financial performance and investor sentiment, which is reflected in its inability to keep pace with the broader market trends.