Why is Finolex Inds. falling/rising?

As of 22-Jul, Finolex Industries Ltd's stock is currently priced at 201.80, reflecting a decline of 3.5 points or 1.7%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decrease of 5.81% during this period. In the past week, the stock has decreased by 3.21%, and over the last month, it has dropped by 6.40%. Despite a rise in investor participation, with delivery volume increasing by 142.71% on July 21, the stock's performance remains weak due to poor long-term growth, as indicated by a negative annual operating profit growth rate of -0.46% over the last five years. Additionally, the company has reported flat results for March 25, with a significant decline in profit before tax and net sales, contributing to a negative sentiment around the stock.
In the broader market context, the stock has significantly underperformed compared to the benchmark Sensex, which has seen a slight decline of only 0.47% over the past week. Over the past year, while the Sensex has generated a return of 2.09%, Finolex Industries Ltd has suffered a substantial drop of 36.52%. The decrease in institutional investor participation, with a reduction of 0.78% in their stake, further exacerbates the stock's challenges, as these investors typically have more resources to analyze company fundamentals. Overall, the combination of poor financial performance, declining institutional interest, and underwhelming returns compared to the market contributes to the stock's current downward trajectory.