Why is Finolex Inds. falling/rising?

As of 29-Aug, Finolex Industries Ltd is experiencing a price increase, currently at 211.80, reflecting a rise of 3.25 or 1.56%. The stock has outperformed its sector by 1.1% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this positive movement, the stock has shown a significant decline in long-term performance, with a year-to-date return of -15.79% and a one-year return of -32.39%. The company's operating profit has also decreased at an annual rate of -5.64% over the last five years, and recent financial results indicate a drop in profit before tax and net sales, contributing to a negative outlook.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 1.34% over the past month while the Sensex has declined by 1.88%. This suggests that while Finolex Industries Ltd is currently experiencing a positive price movement, it is still underperforming in the long term compared to the broader market, as evidenced by its substantial losses over the past year. Additionally, the falling participation from institutional investors, who have reduced their stake by -0.78%, raises concerns about the stock's future performance, as these investors typically have more resources to analyze the company's fundamentals.