Why is Finolex Inds. falling/rising?

As of 28-Aug, Finolex Industries Ltd is currently priced at 208.55, with no change in price (0.00%). The stock has outperformed its sector by 1.39% today, but it has shown a mixed performance in the past week and month, with returns of +0.14% and +1.58%, respectively. However, the stock has significantly underperformed over the year, with a decline of -29.89%. The company has a low debt-to-equity ratio, which is a positive factor, but it faces challenges such as poor long-term growth, with operating profit decreasing at an annual rate of -5.64% over the last five years. Recent financial results have also been disappointing, with a -62.00% drop in profit before tax and a -23.30% decline in profit after tax over the last six months, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has declined by -2.34% over the past week and -1.00% over the past month, indicating a challenging environment for equities in general. Despite Finolex's short-term outperformance relative to its sector, the overall negative trends in institutional investor participation, which has decreased by -0.78%, and the stock's underperformance against benchmarks over the past year and three years suggest a lack of confidence among larger investors. This combination of poor financial performance and declining institutional interest may be contributing to the stock's inability to gain traction despite some short-term gains.