Why is Finolex Inds. falling/rising?

As of 11-Sep, Finolex Industries Ltd is currently priced at 212.05, reflecting an increase of 2.95 or 1.41%. The stock has shown a trend reversal, gaining after four consecutive days of decline. It reached an intraday high of Rs 214.8, indicating positive momentum. However, the stock's performance over the past week has been negative, with a decline of 3.17%, while it has outperformed its sector today by 0.57%. Despite this short-term gain, the stock has struggled in the long term, with a year-to-date decline of 15.69% and a significant drop of 31.61% over the past year. The company’s operating profit has decreased at an annual rate of 5.64% over the last five years, and recent quarterly results have shown substantial declines in profit before tax and net sales, contributing to a perception of poor growth potential.
In the broader market context, the Sensex has increased by 1.03% over the past week, contrasting with Finolex's decline, which highlights the stock's underperformance relative to the benchmark. Institutional investors have reduced their stake in the company, indicating a lack of confidence in its fundamentals, which may further impact its stock price. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests decreasing investor interest. Overall, while there is a slight uptick in the stock price today, the long-term outlook remains concerning due to poor financial performance and reduced institutional participation.