Why is HP Adhesives falling/rising?

As of 29-Aug, HP Adhesives Ltd is currently priced at 46.24, showing no change (0.00%). The stock has underperformed in the short term, with a 2.16% decline over the past week and a 6.15% drop over the past month. Today's performance indicates that it has outperformed its sector by 0.45%, but it is trading below all moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 54.1% compared to the 5-day average. The company has a low debt-to-equity ratio of 0.02 and an attractive valuation with a return on equity of 9.9, but its profits have decreased by 23.7% over the past year, contributing to the stock's substantial decline of 53.29% over the last year.
In the broader market context, the Sensex has declined by 1.84% over the past week, indicating that HP Adhesives' short-term performance is worse than the benchmark. The stock has also underperformed the BSE500 over the last three years, one year, and three months, reflecting a consistent trend of below-par performance. Institutional investors have reduced their stake by 1.6%, which may signal a lack of confidence in the stock's future prospects. Overall, the combination of declining profits, reduced institutional interest, and poor long-term performance has contributed to the stock's struggles in the market.