Why is Gandhar Oil Ref. falling/rising?

As of 16-Oct, Gandhar Oil Refinery (India) Ltd is experiencing a decline in its stock price, currently at 136.00, which reflects a decrease of 1.1 or 0.8%. The stock has underperformed significantly, with a 1-week return of -2.05%, a 1-month return of -8.72%, and a year-to-date return of -36.15%. Today's performance indicates that it has underperformed its sector by 1.97%. Additionally, the stock is trading below all its moving averages, which suggests a bearish trend. Despite a low debt-to-equity ratio and an attractive valuation indicated by a return on capital employed (ROCE) of 10.8, the company has faced substantial profit declines, with a 43% drop in profits over the past year. This poor financial performance, coupled with a long-term operating profit decline of -13.44% over the last five years, has contributed to the stock's downward movement. In the broader market context, the Sensex has shown a positive return of 1.58% over the past week, contrasting sharply with Gandhar Oil's negative performance. This divergence highlights the stock's struggles relative to the overall market. The company's flat results in recent quarters, including a significant drop in net sales and profit after tax, further emphasize its underperformance compared to the benchmark indices. The stock's inability to keep pace with market growth and its poor long-term outlook have led to a lack of investor confidence, contributing to its current decline.