Why is GMM Pfaudler falling/rising?

As of 20-Aug, GMM Pfaudler Ltd's stock is currently priced at 1,263.75, reflecting a decrease of 16.3 points or 1.27%. The stock has underperformed its sector today by 1.39%, marking its second consecutive day of decline with a total return of -2.62% over this period. The stock reached an intraday low of Rs 1250.1, indicating a significant drop. Over the past week, GMM Pfaudler has seen a decline of 2.03%, and over the last month, it has fallen by 4.16%. Despite these short-term challenges, the company maintains a high management efficiency with a return on capital employed (ROCE) of 17.72% and a strong ability to service debt, which may provide some stability in the long run. However, the stock's performance has been negatively impacted by a 40.2% drop in profits over the past year, contributing to its recent price decline.
In the broader market context, GMM Pfaudler's recent performance contrasts sharply with the Sensex, which has gained 1.64% over the past week and 0.12% over the past month. This divergence highlights the stock's struggles relative to the overall market. Additionally, while the stock has shown positive long-term growth with a 6.74% year-to-date return, its performance over the last three and five years has been significantly worse than the benchmark, with declines of 20.43% and 34.86%, respectively. The high institutional holdings at 36.78% suggest that knowledgeable investors are backing the company, but the recent underperformance may lead to increased scrutiny and caution among potential investors.