Why is Finolex Inds. falling/rising?

As of 14-Aug, Finolex Industries Ltd is experiencing a decline in its stock price, currently at Rs 187.20, which reflects a decrease of Rs 3.75 or 1.96%. The stock has underperformed its sector by 1.6% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 186.35, indicating a downward trend. Over the past week, the stock has decreased by 1.08%, and its performance over the last month shows a significant decline of 8.57%. Additionally, the stock has generated a return of -32.69% over the past year, while its profits have fallen by 25.8%. The company has a low debt-to-equity ratio, but its operating profit has decreased at an annual rate of 5.64% over the last five years, contributing to the negative sentiment around the stock.
In the broader market context, the Sensex has shown minimal change of -0.03% over the past week, indicating that the decline in Finolex Industries Ltd's stock is not entirely reflective of the overall market movement. The stock's performance has lagged behind the benchmark indices over various time frames, including a significant underperformance in the last year and three years. Furthermore, there has been a notable decrease in institutional investor participation, which may signal a lack of confidence in the stock's future prospects. This combination of poor financial results, declining investor interest, and underperformance relative to the market has contributed to the stock's recent downward trajectory.