Why is Exxaro Tiles falling/rising?

As of 14-Jul, Exxaro Tiles Ltd is experiencing a decline in its stock price, currently at 8.79, which represents a decrease of 0.1 or 1.12%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.39% during this period. Additionally, the stock's performance over the past week shows a drop of 4.35%, while it has underperformed against the benchmark Sensex, which has only decreased by 1.42%. Despite reporting very positive results in March 2025, including a significant growth in net profit and strong operating profit metrics, the stock has generated a negative return of 2.55% over the past year, with profits plummeting by 83.1%. The company's weak long-term fundamentals, including a declining operating profit growth rate and low return on equity, contribute to the negative sentiment surrounding the stock.
In the broader market context, Exxaro Tiles' recent performance contrasts sharply with the Sensex, which has shown a positive return of 5.27% year-to-date. The stock's liquidity appears adequate, but there has been a notable decline in investor participation, with delivery volume dropping by 80.03% against the five-day average. Furthermore, institutional investors have reduced their stake in the company, indicating a lack of confidence in its long-term prospects. This consistent underperformance against the benchmark over the last three years, coupled with falling participation from institutional investors, suggests that market sentiment remains bearish for Exxaro Tiles.