Why is Heranba Inds falling/rising?

As of 10-Jul, Heranba Industries Ltd is currently priced at 375.00, showing no change (0.00%) in its stock price. The stock has outperformed its sector by 1.21% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, the stock has experienced a decline of 0.37% over the past week and a significant drop of 8.76% year-to-date. Despite an attractive valuation indicated by a return on capital employed (ROCE) of 3.6 and trading at a discount compared to its peers, the company has reported operating losses and a substantial fall in profits, with a 361.75% decrease in profit before tax (PBT) and a 475.4% drop in profit after tax (PAT) over the last quarters. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence in its future performance.
In the broader market context, Heranba Industries has underperformed against the benchmark, with a return of -0.39% over the past year compared to the Sensex's gain of 4.09%. The stock's performance over the last three years has also been consistently below the benchmark, indicating a trend of underperformance. While the stock has shown some positive movement today, the overall negative financial results and declining investor participation, evidenced by a 63.65% drop in delivery volume, contribute to a cautious outlook for the stock amidst a generally stable market environment.