Why is Heranba Inds falling/rising?

As of 19-Sep, Heranba Industries Ltd is experiencing a decline in its stock price, currently at 323.00, reflecting a decrease of 1.0 (-0.31%). The stock has underperformed its sector by 0.54% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -2.11%, while the benchmark Sensex has gained 0.88%. Additionally, the company has reported negative results for the last three consecutive quarters, with a significant decline in operating profit and a low return on capital employed (ROCE) of 3.6. This poor financial performance, alongside a lack of investor confidence indicated by domestic mutual funds holding 0% of the company, contributes to the stock's downward movement.
In the broader market context, Heranba Industries Ltd has consistently underperformed against the benchmark over the last three years, with a year-to-date return of -21.41% compared to the Sensex's gain of 5.74%. The stock's long-term growth prospects appear bleak, as evidenced by a substantial decrease in profits over the past year and a high valuation relative to its peers. Despite a rise in investor participation indicated by increased delivery volume, the overall sentiment remains negative due to the company's financial struggles and lack of institutional support, which further exacerbates the stock's decline in a generally positive market environment.