Why is Franklin Indust. falling/rising?

As of 01-Sep, Franklin Industries Ltd's stock price is currently at 1.06, reflecting a decline of 0.11, or 9.4%. The stock has underperformed its sector today by 10.42% and has experienced a trend reversal after three consecutive days of gains. Over the past week, the stock has shown a positive return of 8.16%, but it has significantly underperformed over the longer term, with a 1-month return of -23.19% and a year-to-date return of -41.09%. Despite a high management efficiency indicated by a return on equity (ROE) of 31.26% and a low debt-to-equity ratio of 0.01, the stock's performance has been negatively impacted by a substantial drop in profits, with a year-over-year return of -60.52% and a recent decline in both profit before tax and profit after tax.
Broader market context indicates that while the Sensex has shown a slight decline of 0.29% over the past month, Franklin Industries Ltd's performance has been markedly worse, highlighting its struggles in the market. The stock's liquidity appears adequate, with a significant increase in delivery volume, but this has not translated into positive price movement. The company's attractive valuation, with a price-to-book value of 1.3, contrasts sharply with its recent financial results, which have shown a steep decline in profitability. This combination of high valuation and poor performance has led to a lack of investor confidence, contributing to the stock's current downward trajectory.