Why is Enkei Wheels falling/rising?

As of 21-Aug, Enkei Wheels India Ltd is experiencing a decline in its stock price, currently at Rs 481.80, which reflects a decrease of Rs 3.2 or 0.66%. The stock has underperformed its sector by 0.32% today and has been on a downward trend for the last two days, accumulating a total loss of 2.47%. Over the past week, the stock has decreased by 1.67%, and its performance over the last month shows a significant drop of 7.73%. Furthermore, the stock is trading close to its 52-week low, just 2.45% above it. The company has also reported a concerning decline in profits, with a staggering 179.7% fall over the past year, which has contributed to its negative sentiment among investors.
In the broader market context, the Sensex has risen by 1.74% over the past week, contrasting sharply with Enkei Wheels' performance. This disparity highlights the stock's underperformance relative to the benchmark, particularly as it has generated a return of -27.44% over the last year compared to the Sensex's modest gain of 1.35%. The company's weak long-term fundamentals, indicated by a low Return on Capital Employed (ROCE) of 2.97% and a high Debt to EBITDA ratio of 3.50 times, further exacerbate investor concerns. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, contributing to the stock's downward trajectory.