Why is Himatsing. Seide falling/rising?

As of 15-Sep, Himatsingka Seide Ltd's stock price is currently at 127.95, reflecting a decrease of 0.25 (-0.2%). The stock has underperformed its sector today by 0.5% and has experienced a consecutive decline over the last two days, resulting in a total drop of 2.1%. While the stock has shown a modest gain of 0.75% over the past month, it has significantly underperformed the benchmark Sensex, which has risen by 1.24% in the same period. The stock's performance is further impacted by a decrease in investor participation, with delivery volume falling by 53.48% compared to the five-day average. Despite a very attractive valuation indicated by a ROCE of 8.1 and a PEG ratio of 0.5, the company faces challenges such as weak long-term growth and a high Debt to EBITDA ratio, which contribute to its declining stock price.
Broader market context indicates that while the Sensex has shown positive momentum, Himatsingka Seide's stock has struggled, particularly in the long term, with a year-to-date decline of 31.98% compared to the Sensex's gain of 4.67%. The stock's performance has been below par not only in the last year but also in the last three years, indicating a persistent underperformance relative to broader market trends. Institutional investors have also reduced their stake, reflecting a lack of confidence in the stock's fundamentals, which may further exacerbate its price decline in the current market environment.