Why is Heranba Inds falling/rising?

As of 28-Jul, Heranba Industries Ltd is experiencing a decline in its stock price, currently at Rs 368.00, which reflects a decrease of Rs 7.1 or 1.89%. The stock has underperformed its sector by 2.11% today, having touched an intraday low of Rs 365.95. Over the past week, the stock has decreased by 3.36%, while it has shown a significant increase of 20.85% over the past month. However, the stock's year-to-date performance is down by 10.46%, and it has generated a return of -7.23% over the past year. The company has reported operating losses and a significant decline in profitability, with a return on equity of only 2.25% and a profit before tax drop of 361.75%. Furthermore, the stock is trading at a discount compared to its peers, but the negative results over the last two quarters and the lack of domestic mutual fund investment indicate a lack of confidence in its long-term prospects.
In the broader market context, the Sensex has decreased by 1.59% over the past week, which suggests that the stock's short-term decline is more pronounced than the benchmark. Despite the stock's recent rise over the past month, its overall performance remains weak compared to the benchmark, as it has consistently underperformed against the BSE500 over the last three years. The company's weak long-term fundamental strength, highlighted by a low return on capital employed and negative quarterly results, further contributes to the stock's downward pressure. The combination of these factors indicates a challenging environment for Heranba Industries Ltd, leading to its current price decline.