Why is Enkei Wheels falling/rising?

As of 22-Aug, Enkei Wheels India Ltd's stock price is currently at 477.55, reflecting a decrease of 4.25, or 0.88%. The stock has been underperforming, with a consecutive decline over the last three days, resulting in a total drop of 3.33%. It is also close to its 52-week low, just 1.58% away from 470. The stock has generated a return of -27.37% over the past year, while profits have significantly fallen by 179.7%. The company has declared negative results for the last four consecutive quarters, contributing to a weak long-term fundamental strength, as indicated by a low Return on Capital Employed (ROCE) of 2.97% and a high Debt to EBITDA ratio of 3.50 times.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.88% over the past week. While Enkei Wheels has seen a decline of 2.54% in the same period, it has also underperformed the benchmark over longer time frames, including a 29.27% drop year-to-date compared to a 4.05% gain in the Sensex. The stock's liquidity appears sufficient for trading, but the lack of domestic mutual fund investment may indicate a lack of confidence in the company's future prospects. Overall, the combination of poor financial performance, negative investor sentiment, and underwhelming returns relative to the market has contributed to the stock's decline.