Why is Finolex Cables falling/rising?

As of 25-Jul, Finolex Cables Ltd. is experiencing a decline in its stock price, currently at 899.05, which reflects a decrease of 20.4 points or 2.22%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -2.59%. Although it opened with a gain of 2% today and reached an intraday high of Rs 937.85, it also touched a low of Rs 896.55. Over the past week, the stock has decreased by 3.07%, and its year-to-date performance shows a significant drop of 23.85%. Despite a low Debt to Equity ratio and a fair valuation compared to peers, the stock's performance has been hindered by a poor long-term growth outlook, as indicated by an operating profit growth rate of only 7.5% over the last five years and a substantial decline of 41.30% over the past year.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.36% over the past week and has gained 4.25% year-to-date. This underperformance is further emphasized by the stock's negative returns compared to the market, as it has significantly lagged behind the BSE500, which recorded a minor drop of 0.19% over the last year. The falling investor participation, with a 20.64% decrease in delivery volume against the 5-day average, suggests a lack of confidence among investors, contributing to the stock's downward trend.