Why is Franklin Indust. falling/rising?

As of 24-Jul, Franklin Industries Ltd is currently priced at 1.56, showing no change (0.00%). The stock has recently outperformed its sector by 1.18%, although it has experienced a decline of 4.88% over the past week. In the last month, however, it has seen a positive return of 16.42%. Despite these short-term gains, the stock has underperformed significantly over the past year with a return of -40.35%, while its profits have decreased by 9.7%. The company boasts a high management efficiency with a return on equity (ROE) of 31.26% and a low debt-to-equity ratio, indicating a healthy financial position. However, the stock is trading at a premium compared to its peers, and recent flat results have raised concerns among investors.
In the broader market context, the Sensex has shown a minimal decline of 0.09% over the past week, contrasting with Franklin Industries' sharper drop. The stock's performance over the last year has been notably poor compared to the BSE500, which has generated a return of 0.99%. This underperformance, coupled with falling investor participation—evidenced by a 20.76% decrease in delivery volume—suggests a lack of confidence among investors. While the company has demonstrated strong long-term growth in net sales and operating profit, the recent flat results and low operating profit to net sales ratio indicate challenges that may be contributing to the stock's current stagnation.