Why is Crompton Gr. Con falling/rising?

As of 24-Sep, Crompton Greaves Consumer Electricals Ltd is experiencing a decline in its stock price, currently at 300.35, which reflects a decrease of 4.95 (-1.62%). The stock has hit a new 52-week low of Rs.299.3 today and has underperformed its sector by 1.45%. Over the past week, the stock has fallen by 4.68%, and it has been on a consecutive downward trend for the last four days, resulting in a total decline of 5.36%. Despite a high management efficiency indicated by a ROCE of 32.37% and a low debt-to-equity ratio of 0.04, the stock has generated a return of -31.56% over the past year, even as profits increased by 11.2%. This suggests that while the company has some attractive valuation metrics, its recent performance has been disappointing, particularly with flat results reported in June 2025.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.18% over the same week. The stock's long-term returns have also lagged behind, with a 3-year return of -25.29% compared to the Sensex's 40.65% gain. This underperformance is compounded by a flat operating profit growth rate of 7.63% over the last five years and a significant drop in profitability metrics in the latest quarter. While institutional holdings remain high at 88.13%, indicating confidence from larger investors, the overall sentiment around the stock remains negative due to its poor long-term growth prospects and recent financial results.