Why is GMM Pfaudler falling/rising?

As of 26-Aug, GMM Pfaudler Ltd's stock is currently priced at 1,207.00, reflecting a decrease of 13.0 points or 1.07%. The stock has been on a downward trend, experiencing a consecutive fall over the last six days, resulting in a total decline of 7% during this period. In terms of performance, the stock has underperformed relative to the benchmark Sensex, with a one-week return of -5.71% compared to the benchmark's -1.05%. Despite a healthy long-term growth rate in net sales of 40.06% and a high management efficiency indicated by a ROCE of 17.72%, the stock's recent performance has been negatively impacted by a significant drop in investor participation, with delivery volume falling by 70.43% against the five-day average.
Broader Market Context: The stock's year-to-date return stands at +1.94%, which is notably lower than the Sensex's +3.39%, indicating a relative underperformance in the market. Over the past year, GMM Pfaudler has generated a return of -12.03%, while the Sensex has only declined by 1.12%. The stock is trading at a discount compared to its peers' average historical valuations, and while institutional holdings are relatively high at 36.78%, the overall sentiment appears cautious, likely due to the company's profit decline of 40.2% over the past year. This combination of factors contributes to the stock's current downward trajectory.