Why is Finolex Inds. falling/rising?

As of 09-Jul, Finolex Industries Ltd is experiencing a decline in its stock price, currently at 204.00, reflecting a decrease of 2.8 or 1.35%. The stock has underperformed its sector by 1.71% today, and its performance over the past week shows a decline of 4.43%. In terms of moving averages, the stock is higher than the 100-day moving average but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, the stock has seen a slight increase in delivery volume, indicating rising investor participation, although it has significantly underperformed the market over the past year with a return of -35.72% compared to the Sensex's +3.96%. The company's low debt-to-equity ratio is a positive factor; however, poor long-term growth, as evidenced by a -0.46% annual operating profit growth over the last five years, raises concerns.
Broader market context shows that while the BSE500 has generated returns of 1.43% over the past year, Finolex Industries has significantly lagged behind, indicating a lack of investor confidence. Institutional investors have decreased their stake by 0.51% in the previous quarter, suggesting a withdrawal of support from those with more resources to analyze the company's fundamentals. The company's flat results in March, with a notable drop in profit before tax and negative sales growth, further contribute to the negative sentiment surrounding the stock. Overall, the combination of weak financial performance, declining institutional interest, and underperformance relative to the broader market has led to the current downward movement in Finolex Industries' stock price.