Why is Exxaro Tiles falling/rising?

As of 25-Jun, Exxaro Tiles Ltd is experiencing a slight decline in its stock price, currently at 8.69, with a change of -0.01, representing a decrease of 0.11%. The stock has underperformed its sector today by 0.69%. In terms of recent performance, the stock has shown a significant increase of 33.28% over the past month, although it has a negative return of -6.66% over the past week. Despite positive financial results, including a 183.06% growth in net profit and strong operating profit metrics, the stock has faced challenges with a -7.93% return over the past year and a -20.28% return over the last three years, indicating consistent underperformance against the benchmark. Additionally, the company's weak long-term fundamentals and declining institutional investor participation may be contributing to the stock's current price movement.
In the broader market context, the Sensex has increased by 1.61% over the past week, contrasting sharply with Exxaro Tiles' decline. While the stock has shown some positive momentum in the short term, its overall performance remains lackluster compared to the benchmark, which has outperformed it significantly over the last three years. The decline in institutional investor stakes and the company's weak ability to service its debt further exacerbate concerns about its long-term viability, leading to a cautious outlook among investors.