Why is I G Petrochems falling/rising?

As of 07-Nov, I G Petrochemicals Ltd is experiencing a decline in its stock price, currently at Rs 402.00, reflecting a decrease of Rs 2.1 or 0.52%. The stock has been underperforming, having fallen for the last four consecutive days, with a total decline of 3.38% over the past week. Today's performance indicates that it has underperformed its sector by 0.56%, and it has also traded below all key moving averages. Furthermore, the company's operating profit has significantly decreased, leading to negative results in the last two quarters, which has contributed to a poor long-term growth outlook. The stock's returns over the past year show a substantial decline of 31.45%, while its profits have fallen by 40.9%, indicating a troubling trend for investors.
In the broader market context, the stock's short-term performance of -3.38% over the past week contrasts sharply with the Sensex, which has only declined by 0.86% during the same period. This consistent underperformance against the benchmark over the last three years highlights investor concerns regarding the company's financial health, as evidenced by the low debt-to-equity ratio and minimal domestic mutual fund interest. The overall market sentiment appears to be cautious, particularly given the company's recent negative financial results and the lack of confidence reflected in its trading activity and investor participation.