Why is Greenply Industr falling/rising?

As of 25-Sep, Greenply Industries Ltd is experiencing a decline in its stock price, currently at Rs 308.95, which reflects a decrease of Rs 6.1 or 1.94%. The stock has underperformed its sector by 1.29% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.54% during this period. Additionally, the stock has touched an intraday low of Rs 307.5. Over the past week, it has fallen by 4.28%, and its one-year return stands at -18.07%, indicating a significant drop in value despite a relatively attractive valuation characterized by a return on capital employed (ROCE) of 13.7 and a favorable enterprise value to capital employed ratio. However, the stock's profits have decreased by 16.2% over the past year, contributing to investor concerns.
In the broader market context, the Sensex has also experienced a decline, albeit less severe, with a 2.23% drop over the past week. Greenply's performance has been notably weaker than the benchmark, particularly in the short term, as it has consistently underperformed against the Sensex and its sector. The stock's liquidity appears to be adequate, but there has been a significant drop in delivery volume, which fell by 70.55% compared to the five-day average, indicating reduced investor participation. High institutional holdings at 36.94% suggest that more informed investors are involved, yet the overall sentiment remains cautious due to the stock's recent performance and declining profits.