Why is Electrost.Cast. falling/rising?

As of 18-Sep, Electrosteel Castings Ltd is currently priced at 100.75, reflecting an increase of 0.59 (0.59%). The stock has shown a trend reversal by gaining after two consecutive days of decline. It is performing in line with its sector, and the delivery volume has increased by 23.18% compared to the 5-day average, indicating rising investor participation. However, despite a strong long-term growth outlook with net sales and operating profit increasing annually, the stock has faced significant challenges, including a 53.92% decline over the past year and negative results in the last three quarters, which have contributed to its current valuation being lower than its peers.
In the broader market context, the stock has outperformed the Sensex over the past week with a return of +2.62% compared to the benchmark's +1.80%. However, it has underperformed significantly over the longer term, with a year-to-date decline of -27.34% against the Sensex's +6.24%. This stark contrast highlights the stock's struggles despite positive institutional holdings and attractive valuations, as the company has faced substantial profit declines and negative quarterly results, leading to a perception of weakness in its financial health relative to the overall market.