Why is Godrej Industrie falling/rising?

As of 07-Aug, Godrej Industries Ltd is experiencing a decline in its stock price, currently at 1,107.85, reflecting a decrease of 29.3 points or 2.58%. Today's price summary indicates that the stock has underperformed its sector by 1.47% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 1,095.6, marking a 3.65% drop. Additionally, the stock's performance over the past week shows a decline of 2.39%, and over the past month, it has decreased by 5.31%. Despite a strong yearly return of 27.14%, the recent trend suggests a weakening investor sentiment, as evidenced by a significant drop in delivery volume by 50.21% compared to the five-day average.
In the broader market context, while the Sensex has only declined by 0.69% over the past week, Godrej Industries' performance has been notably worse, indicating a lack of investor confidence. Although the company has shown positive financial results, such as a substantial increase in profit before tax and cash reserves, it also faces challenges with a high debt-to-EBITDA ratio and a low average return on capital employed. The recent increase in promoter stake suggests confidence in the company's future; however, the stock's current decline reflects concerns over its long-term fundamental strength and market conditions.