Why is Finolex Inds. falling/rising?

As of 18-Jul, Finolex Industries Ltd is experiencing a decline in its stock price, currently at 210.65, which reflects a decrease of 3.6 or 1.68%. The stock has underperformed its sector by 1.18% today and has shown a trend reversal after three consecutive days of gains. In terms of returns, the stock has performed poorly over the past month with a decline of 9.36%, and it has a year-to-date drop of 16.24%. Additionally, the company has seen a decrease in investor participation, with delivery volume falling by 6% against the five-day average. The company's operating profit has also seen a negative growth rate of -0.46% over the last five years, contributing to its poor long-term growth outlook.
In the broader market context, while the Sensex has shown a slight increase of 0.38% over the past month, Finolex Industries Ltd has significantly underperformed, with a one-year return of -36.44% compared to the market's negative return of -0.36%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, institutional investors have reduced their stake in the company by 0.51%, indicating a lack of confidence in its fundamentals, which could further pressure the stock price. Overall, the combination of declining investor interest, poor financial performance, and underperformance relative to the benchmark contributes to the downward movement of Finolex Industries Ltd's stock.