Why is Gujarat Alkalies falling/rising?

As of 14-Aug, Gujarat Alkalies & Chemicals Ltd is experiencing a decline in its stock price, currently at 550.00, which reflects a decrease of 6.6 points or 1.19%. The stock has underperformed its sector by 1.24% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.84%. Over the past week, the stock has decreased by 4.21%, and its year-to-date performance shows a significant drop of 26.68%. The company has a low Debt to Equity ratio of 0.04 times, but it also suffers from poor management efficiency, indicated by a low Return on Equity (ROE) of 3.85%. Additionally, the stock's operating profit has declined at an annual rate of 52.45% over the last five years, contributing to its recent price movement.
In the broader market context, the stock has consistently underperformed against the benchmark, with a return of -24.25% over the past year compared to a 3.15% gain in the Sensex. This trend of underperformance has been evident over the last three years, where the stock has generated negative returns while the benchmark has shown positive growth. Institutional investor participation has also decreased, with a reduction of 0.51% in their stake over the previous quarter, indicating a lack of confidence in the company's fundamentals. Overall, the combination of poor financial performance, declining institutional interest, and consistent underperformance against the market has contributed to the stock's downward trajectory.