Why is Electrost.Cast. falling/rising?

As of 01-Jul, Electrosteel Castings Ltd is experiencing a decline in its stock price, currently at Rs 128.65, which represents a decrease of Rs 2.9 or 2.2%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 5.96%. Additionally, it has underperformed its sector by 1.01% today. Despite a positive performance over the past week and month, with returns of 2.47% and 25.55% respectively, the stock has significantly underperformed over the year, showing a decline of 31.61%. Key negative factors include a drop in earnings per share (EPS) by 12.38% and consecutive negative results over the last two quarters, which have contributed to a lack of investor confidence.
Broader Market Context: In comparison to the benchmark Sensex, which has returned 2.00% over the past week and 2.76% over the past month, Electrosteel Castings Ltd's recent performance has been notably weaker. The stock's year-to-date performance is also concerning, with a decline of 7.21% compared to the Sensex's gain of 7.11%. While the company has shown healthy long-term growth in net sales and operating profit, the recent negative financial results and declining investor participation have overshadowed these positives, leading to a lack of momentum in the stock price.