Why is Indag Rubber falling/rising?

As of 19-Sep, Indag Rubber Ltd's stock price is currently at 122.50, reflecting a decrease of 0.45, or 0.37%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.45%. Over the past month, the stock has decreased by 3.77%, and year-to-date, it has seen a significant drop of 30.54%. The company has reported negative results for the last three consecutive quarters, with operating profit declining at an annual rate of 174.05% over the past five years. This poor performance, coupled with a low debt-to-equity ratio and negative operating profits, contributes to the stock's current downward trend.
In the broader market context, the Sensex has gained 0.88% over the past week, while Indag Rubber's stock has only increased by 0.16%, indicating a notable underperformance relative to the benchmark. The rubber products sector has seen a rise of 2.38%, further highlighting Indag Rubber's struggles. Despite a recent increase in investor participation, with delivery volume rising by 59.16%, the overall sentiment remains negative due to the company's poor long-term growth prospects and declining profits. This combination of factors suggests that the stock is facing significant challenges in both the short and long term.