Why is Exxaro Tiles falling/rising?

As of 23-Jun, Exxaro Tiles Ltd is experiencing a decline in its stock price, currently at 8.47, which reflects a decrease of 0.21 or 2.42%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total return of -15.99% during this period. Additionally, the stock's performance today has underperformed its sector by 3.64%. Despite a significant growth in net profit of 183.06% and positive results over the last two quarters, the stock has generated a return of -9.73% over the past year, with profits declining by 83.1%. 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 the negative sentiment surrounding the stock.
In the broader market context, Exxaro Tiles has underperformed against the Sensex, which has shown a slight gain of 0.12% over the past week, while Exxaro's return for the same period is a significant -15.22%. This consistent underperformance against the benchmark over the last three years, coupled with a decrease in institutional investor participation, highlights a lack of confidence in the stock's future prospects. The ceramics sector, in which Exxaro operates, has gained by 2.01%, indicating that the challenges faced by Exxaro are specific to the company rather than the industry as a whole.