Why is Heranba Inds falling/rising?

As of 07-Nov, Heranba Industries Ltd is experiencing a decline in its stock price, currently at Rs 282.60, which represents a decrease of Rs 8.75 or 3.0%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -5.77% over the past week. Additionally, it has significantly underperformed the broader market, with a year-to-date decline of -31.24% compared to a gain of 6.50% in the Sensex. The company's operating profit has decreased at an annual rate of -46.00% over the last five years, and it has reported negative results for the last three consecutive quarters, contributing to its poor performance. Furthermore, the stock is trading below all its moving averages, indicating a bearish trend.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark index, as it has underperformed the Sensex by a substantial margin in both the short and long term. While the Sensex has shown a positive return of 1.57% over the past month, Heranba Industries has declined by 4.53% in the same period. The lack of investor confidence is further reflected in the minimal domestic mutual fund holdings, which stand at 0%, suggesting that institutional investors may not be comfortable with the stock's valuation. Overall, the combination of poor financial performance, negative investor sentiment, and significant underperformance relative to the market has led to the stock's current downward trajectory.