Why is Heranba Inds falling/rising?

As of 17-Oct, Heranba Industries Ltd is experiencing a decline in its stock price, currently at 300.75, which represents a decrease of 4.0 points or 1.31%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.23% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a year-to-date return of -26.82% and a one-year return of -37.21%. The company has reported negative results for the last three consecutive quarters, with a substantial decline in operating profit and a low return on capital employed (ROCE) of 3.6. Furthermore, the stock is trading at a premium compared to its peers, which may deter investors.
In the broader market context, Heranba Industries Ltd's performance has been notably weaker than the benchmark, with the Sensex gaining 7.44% year-to-date while the stock has lost 26.82%. The stock's recent performance has also been characterized by a significant drop in investor participation, with delivery volume falling by 42.62% against the five-day average. This decline in interest, coupled with the company's poor long-term growth prospects and lack of domestic mutual fund investment, suggests a lack of confidence among investors, contributing to the stock's downward trajectory.