Why is Exxaro Tiles falling/rising?

As of 20-Jun, Exxaro Tiles Ltd is currently priced at 8.68, reflecting a decrease of 0.17, or 1.92%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a significant decline of 14.31% over that period. Additionally, the stock's performance today has underperformed its sector by 0.83%. Despite a recent growth in net profit of 183.06% and positive results over the last two quarters, the stock's overall performance has been lackluster, with a return of -7.08% over the past year and a concerning -83.1% drop in profits. The company's weak long-term fundamental strength, indicated by a -7.98% CAGR growth in operating profits over the last five years and a low return on equity of 1.30%, further contributes to investor skepticism.
In the broader market context, Exxaro Tiles has significantly underperformed against the benchmark, with a return of -14.31% over the past week compared to a positive return of 1.59% for the Sensex. This consistent underperformance over the last three years, coupled with a decrease in institutional investor participation, suggests a lack of confidence in the stock's future prospects. The stock's liquidity remains adequate for trading, but the falling delivery volume indicates diminishing interest from investors, which may exacerbate its price decline in the near term.