Why is Finolex Inds. falling/rising?

As of 06-Aug, Finolex Industries Ltd is currently priced at Rs 195.75, reflecting a decrease of Rs 1.25 or 0.63%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 7.67% over the past week. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish sentiment. The company has also seen a significant drop in delivery volume, which fell by 50.05% compared to the five-day average. Despite having a low debt-to-equity ratio and trading at a discount compared to peers, the stock's performance has been negatively impacted by a substantial decline in profits and poor long-term growth, with operating profit decreasing at an annual rate of 5.64% over the last five years.
In the broader market context, while the Sensex has experienced a slight decline of 1.15% over the past week, Finolex Industries has significantly underperformed, with a 7.67% drop in the same period. This stark contrast highlights the stock's struggles relative to the benchmark. Furthermore, institutional investors have reduced their stakes, indicating a lack of confidence in the stock's future performance. Over the past year, while the broader market has generated a return of 0.35%, Finolex Industries has faced a substantial decline of 32.07%, further emphasizing its underperformance in comparison to the market.