Why is Electrost.Cast. falling/rising?

As of 30-Jun, Electrosteel Castings Ltd is experiencing a decline in its stock price, currently at 131.55, which reflects a decrease of 1.55 (-1.16%). The stock has underperformed its sector today, with a consecutive fall over the last two days resulting in a total decline of 3.84%. Despite a strong performance over the past month with a return of 28.38%, the stock has faced significant challenges, including a year-to-date decline of 5.12% and a one-year drop of 24.20%. The company has reported negative results in the last two consecutive quarters, with a fall in earnings per share and a decrease in profits, contributing to a negative sentiment among investors. Additionally, the stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 2.09% over the past week and 2.65% over the past month, while Electrosteel Castings Ltd has outperformed the benchmark in the short term with a weekly return of 5.28%. However, the stock's longer-term performance has been disappointing, particularly over the past year, where it has significantly underperformed the market, which has generated a return of 3.95%. This underperformance, coupled with declining financial metrics and falling investor confidence, has contributed to the stock's current downward trajectory.