Why is Granules India falling/rising?

As of 05-Aug, Granules India Ltd is experiencing a decline in its stock price, currently at Rs 450.00, which reflects a decrease of Rs 4.5 or 0.99%. The stock has shown poor performance recently, with a 1-week return of -8.22% and a 1-month return of -8.81%. Today's trading activity indicates that the stock is below its moving averages across various time frames, and there has been a significant drop in investor participation, with delivery volume falling by 27.53% compared to the 5-day average. Despite some positive factors such as high management efficiency and strong debt servicing ability, the stock's long-term growth prospects appear limited, evidenced by a -29.73% return over the past year and flat results in recent quarters.
In the broader market context, Granules India's performance has lagged behind the benchmark Sensex, which has shown a modest decline of only 0.77% over the past week. The company's underperformance is further highlighted by its negative returns over the past year and the last three years, indicating a trend of below-par performance both in the short and long term. While the stock is trading at a discount compared to its peers and has high institutional holdings, the overall sentiment remains cautious due to the company's flat sales growth and declining returns relative to the market.