Why is Granules India falling/rising?

As of 19-Aug, Granules India Ltd is experiencing a decline in its stock price, currently at 456.85, reflecting a decrease of 4.7 points or 1.02%. The stock has underperformed its sector by 0.89% today, and while it is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.41%, but it has significantly underperformed over longer periods, with a 1-month return of -7.88% and a year-to-date decline of -22.80%. The recent delivery volume has also fallen by 46.7% compared to the 5-day average, indicating decreased investor participation. Despite having a high return on capital employed (ROCE) of 18.77% and strong debt servicing ability, the stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 10.50% and 9.06% over the last five years, respectively.
In the broader market context, Granules India Ltd's performance contrasts sharply with the benchmark Sensex, which has gained 1.76% over the past week and 4.49% year-to-date. The stock's long-term performance has been disappointing, generating a return of -31.11% over the past year, while the Sensex has increased by 1.52% in the same timeframe. This underperformance is compounded by flat results reported in June and a low ROCE of 14.17% for the half-year, further indicating challenges in growth and profitability. High institutional holdings at 36.77% suggest that knowledgeable investors are cautious about the stock's fundamentals, contributing to the negative sentiment surrounding its recent price movements.