Why is Heranba Inds falling/rising?

As of 13-Aug, Heranba Industries Ltd is experiencing a decline in its stock price, currently at Rs 341.10, reflecting a decrease of Rs 23.8 or 6.52%. The stock opened lower today, with a loss of 2.77%, and reached an intraday low of Rs 334, which is an 8.47% drop. Over the past week, the stock has underperformed, showing a decline of 5.89%, while its one-month return stands at -7.45%. The company has reported negative results for the last three consecutive quarters, with a significant fall in profits and a low return on equity, which contributes to the stock's downward trend. Despite a rising investor participation indicated by a 237.32% increase in delivery volume, the overall sentiment remains negative due to weak long-term fundamentals and consistent underperformance against benchmarks.
In the broader market context, the Sensex has remained relatively stable, with a negligible change of -0.01% over the past week, contrasting sharply with Heranba Industries' significant decline. The stock's year-to-date performance shows a drop of 17.01%, while the Sensex has gained 3.07% in the same period. This stark difference highlights the stock's struggles compared to the broader market, reinforcing the perception of its weak financial health and lack of investor confidence, as evidenced by the absence of domestic mutual fund investments in the company.