Why is Elpro Internatio falling/rising?

As of 21-Jul, Elpro International Ltd's stock price is currently at 99.55, reflecting a decrease of 1.45, or 1.44%. The stock has underperformed its sector today by 1.89% and has experienced consecutive declines over the last two days, totaling a drop of 2.5%. The stock reached an intraday low of Rs 98.4, indicating a significant downward movement. Additionally, the stock's performance over the past week and month shows declines of 3.30% and 4.28%, respectively, while year-to-date, it has fallen by 13.55%. The company has reported negative results for the last two consecutive quarters, with a substantial decrease in net sales and profit after tax, which has contributed to the stock's poor performance. Furthermore, a decline in institutional investor participation and a high valuation compared to peers have raised concerns among investors.
In the broader market context, Elpro International Ltd's recent performance contrasts sharply with the Sensex, which has seen a minimal decline of 0.06% over the past week and a gain of 5.20% year-to-date. This stark difference highlights the stock's struggles relative to the overall market. While the stock has generated a modest return of 2.79% over the past year, its profits have decreased significantly, indicating underlying issues that are affecting investor confidence and contributing to its current downward trajectory.