Why is Finolex Inds. falling/rising?

As of 26-Aug, Finolex Industries Ltd is experiencing a decline in its stock price, currently at Rs 208.55, which reflects a decrease of Rs 3.45 or 1.63%. The stock has recently fallen after three consecutive days of gains, touching an intraday low of Rs 207. Despite a 1.58% increase over the past week, the stock has underperformed significantly over the year, with a return of -28.58%. The company's operating profit has declined at an annual rate of -5.64% over the last five years, and recent financial results show a substantial drop in profit before tax and net sales. Additionally, institutional investors have reduced their stake, indicating a lack of confidence in the stock's potential for recovery.
In the broader market context, the Sensex has shown a slight decline of -1.05% over the past week, which suggests that the stock's short-term performance is relatively better than the benchmark. However, the long-term outlook remains concerning, as the stock has underperformed the BSE500 over various time frames, including the last three years and one year. The company's low debt-to-equity ratio may provide some stability, but the overall negative sentiment due to poor growth prospects and falling institutional participation is likely contributing to the stock's current downward trend.