Why is Finolex Inds. falling/rising?

As of 07-Jul, Finolex Industries Ltd is experiencing a decline in its stock price, currently at 205.00, which reflects a decrease of 6.25 or 2.96%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -5.96% over the past week. Today's trading saw the stock touch an intraday low of Rs 204.2, and the volume traded was more concentrated near this low price. Additionally, the stock's performance over the past year has been poor, with a return of -36.55%, and it has also shown negative growth in operating profit over the last five years. The company's low debt-to-equity ratio is a positive aspect; however, the overall financial health is concerning due to flat results in recent quarters and a high PEG ratio of 26.7, indicating an expensive valuation relative to its earnings growth.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with the Sensex showing a minimal decline of only 0.20% over the same one-week period. This underperformance is further highlighted by the decrease in institutional investor participation, which has fallen by 0.51% in the last quarter, suggesting a lack of confidence in the stock's future prospects. The overall market sentiment appears to be more favorable compared to Finolex Industries Ltd, as evidenced by the benchmark's positive return of 1.53% over the past month, contrasting sharply with the stock's decline of 6.01% in the same timeframe.