Why is Greenpanel Inds. falling/rising?

As of 29-Sep, Greenpanel Industries Ltd is experiencing a decline in its stock price, currently at Rs 268.70, which represents a decrease of Rs 8.6 or 3.1%. The stock has been underperforming, having fallen for six consecutive days, resulting in a total decline of 11.99% during this period. It is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the stock has generated a return of -30.21% over the past year, with profits plummeting by 80.8%. While the company has a low Debt to EBITDA ratio of 1.21 times and a favorable ROE of 10.8, these positive factors are overshadowed by the significant decline in operating profit and consistent underperformance against benchmarks.
In the broader market context, Greenpanel's short-term performance has been notably worse than the benchmark, with a 1-week return of -9.15% compared to the Sensex's -2.18%. This stark contrast highlights the stock's struggles relative to the market. The company's high institutional holdings at 30.41% suggest that knowledgeable investors are aware of the underlying issues, which may contribute to the stock's continued decline. Overall, the combination of poor financial results, a lack of investor participation, and a history of underperformance against the benchmark are key factors driving the stock's downward movement.