Why is Guj.St.Petronet falling/rising?

As of 08-Aug, Gujarat State Petronet Ltd is experiencing a slight decline in its stock price, currently at 302.85, reflecting a decrease of 0.25 (-0.08%). The stock has underperformed its sector by 0.86% today and has been on a downward trend for the past three days, with a total return loss of 1.61% during this period. Over the past week, the stock has decreased by 1.93%, and it has shown a significant decline of 8.68% over the past month. Despite a high management efficiency indicated by a return on equity (ROE) of 17.56% and a low debt-to-equity ratio of 0.07, the company has faced challenges, including a 31.4% drop in profits over the last year and negative results for three consecutive quarters, which contribute to the stock's recent poor performance.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with the Sensex declining by only 0.92% over the same week. The stock's year-to-date return is notably negative at -16.15%, contrasting sharply with the Sensex's positive return of 2.20%. This underperformance is compounded by the company's poor long-term growth prospects, as indicated by a -6.03% annual decline in operating profit over the last five years and a significant fall in profit before tax (PBT) of -26.62%. While the stock is trading at a fair value compared to its peers, the ongoing negative financial results and declining profitability are likely contributing to investor caution and the stock's downward trajectory.