Why is Heranba Inds falling/rising?

As of 27-Jun, Heranba Industries Ltd is experiencing a decline in its stock price, currently at Rs 304.50, reflecting a decrease of Rs 5.5 or 1.77%. The stock has underperformed its sector by 2.37% today and has fallen after five consecutive days of gains. It touched an intraday low of Rs 298, indicating a significant drop of 3.87%. Over the past week, the stock has shown a return of +7.60%, but it has underperformed against the benchmark Sensex, which has gained +2.00%. The stock's year-to-date performance remains concerning, with a decline of -25.91%, while its profits have fallen by -18.6% over the past year. The company's operating losses and low return on equity of 2.25% signify weak profitability, contributing to the stock's negative momentum.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark's returns, as it has consistently underperformed against the BSE 500 over the last three years. Despite a rise in investor participation, with delivery volume increasing significantly, the overall sentiment remains negative due to the company's weak long-term fundamentals and negative results reported in recent quarters. The lack of domestic mutual fund investment, which stands at 0%, further indicates a lack of confidence in the stock's valuation and future prospects. This combination of factors has led to the current downward trend in Heranba Industries Ltd's stock price.