Why is Dai-ichi Karkari falling/rising?

As of 25-Jul, Dai-ichi Karkaria Ltd is experiencing a decline in its stock price, currently at 352.00, reflecting a decrease of -0.55 (-0.16%). The stock has been underperforming, with a consecutive fall over the last two days and a total return of -0.56% 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. Additionally, investor participation has decreased significantly, with delivery volume dropping by -76.08% compared to the 5-day average. Despite these challenges, the company has shown strong financial performance, with a net profit growth of 157.07% and positive results in the last two quarters, which may provide some support for the stock.
In the broader market context, Dai-ichi Karkaria's short-term performance is notably worse than the benchmark, with a 1-week return of -2.22% compared to the Sensex's -0.36%. Over the past year, the stock has generated a return of -52.97%, significantly lagging behind the Sensex's gain of +1.78%. While the company has a low debt-to-equity ratio and is trading at a discount compared to its peers, the substantial decline in stock price suggests that investor sentiment remains cautious, overshadowing the positive financial indicators.