Why is Grauer & Weil falling/rising?

As of 29-Oct, Grauer & Weil (India) Ltd is experiencing a decline in its stock price, currently at 83.40, which reflects a decrease of 0.65 or 0.77%. The stock has underperformed its sector by 1.2% today and has been on a downward trend for the last three days, resulting in a total drop of 4.42% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Grauer & Weil has generated a negative return of 15.11%, significantly underperforming the broader market, which has seen a return of 4.67%. The company's recent financial results have been disappointing, with a decline in profit before tax, profit after tax, and net sales, contributing to a perception of an expensive valuation relative to its peers.
Broader Market Context: In the context of the broader market, Grauer & Weil's recent performance contrasts sharply with the Sensex, which has gained 0.68% over the past week and 5.76% over the past month. The company's low debt-to-equity ratio indicates some financial stability, but the minimal stake held by domestic mutual funds suggests a lack of confidence in the stock's current valuation. The significant underperformance in both short-term and long-term returns compared to the benchmark indicates that investor sentiment is currently negative, further exacerbated by the company's recent poor financial results and high valuation metrics.