Why is Finolex Inds. falling/rising?

As of 11-Aug, Finolex Industries Ltd is currently priced at 189.15, reflecting a slight increase of 0.25 (0.13%). The stock has recently experienced a trend reversal, gaining after seven consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has underperformed its sector by 1.58% today, and its delivery volume has decreased significantly by 37.75% compared to the 5-day average, suggesting falling investor participation. Over the past year, the stock has generated a return of -34.89%, while its profits have declined by 25.8%, reflecting poor financial performance. Additionally, institutional investors have reduced their stake in the company, which may further impact investor sentiment negatively.
In the broader market context, the stock has underperformed compared to the benchmark, with a 1-year return of -34.89% against the BSE500's decline of only -1.85%. This stark contrast highlights the stock's struggles relative to the overall market. Despite a low debt-to-equity ratio and a fair valuation, the company's long-term growth prospects appear weak, as evidenced by a -5.64% annual decline in operating profit over the last five years. The combination of negative financial results, reduced institutional interest, and a significant drop in stock performance compared to the market indicates a challenging environment for Finolex Industries Ltd.