Why is Fine Organic falling/rising?

As of 29-Sep, Fine Organic Industries Ltd is experiencing a decline in its stock price, currently at Rs 4,528.35, which reflects a decrease of Rs 98.25 or 2.12%. The stock has been underperforming, having lost 7.6% over the last six days, and it is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a decline of 5.79%, while its one-year return is down 14.01%. Despite a high management efficiency with a return on equity (ROE) of 24.59% and a low debt-to-equity ratio, the stock's valuation appears expensive compared to its peers, contributing to its recent price drop.
In the broader market context, Fine Organic's recent performance contrasts with the benchmark, as the Sensex has only declined by 2.18% over the same week. The stock's consistent underperformance against the benchmark over the last three years, coupled with flat operating profit growth and a significant drop in profits over the past year, has led to a lack of investor confidence. This is reflected in the stock's recent trading activity, where despite a rise in delivery volume, the overall sentiment remains negative due to its high valuation and poor long-term growth prospects.