Why is Eureka Forbes falling/rising?

As of 15-Sep, Eureka Forbes Ltd's stock price is currently at 558.80, reflecting a decrease of 5.8 points or 1.03%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 8.09% during this period. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. Despite a healthy long-term growth in net sales and operating profit, the company faces challenges such as poor management efficiency, evidenced by a low return on equity of 2.56%, and a significant portion of promoter shares being pledged, which adds downward pressure on the stock price.
In the broader market context, Eureka Forbes has underperformed compared to the Sensex, which has gained 1.24% over the past week while the stock has decreased by 5.06%. The company's year-to-date performance shows a decline of 3.36%, contrasting with the Sensex's increase of 4.67%. Although the stock has generated a positive return of 4.86% over the past year, the recent negative trends and management concerns have overshadowed its potential, leading to a decline in investor confidence and participation.