Why is India Gelatine falling/rising?

As of 26-Aug, India Gelatine & Chemicals Ltd is experiencing a decline in its stock price, currently at 350.20, which reflects a decrease of 4.3 or 1.21%. The stock has shown mixed performance recently, with a slight increase of 0.16% over the past week, but a decline of 1.46% over the last month. Today's price summary indicates that the stock has outperformed its sector by 0.66%, although it is trading below its longer-term moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 38.93% against the five-day average. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, it has also faced challenges, including a 16.9% decline in profits over the past year and flat results in net sales for the last quarter.
In the broader market context, the stock's performance has been relatively weak compared to the benchmark Sensex, which has seen a 3.39% increase year-to-date, while India Gelatine has declined by 10.90% in the same period. This underperformance is further highlighted by the stock's negative returns over the past year of 9.78% compared to the Sensex's modest decline of 1.12%. Despite rising promoter confidence, with a 7.57% increase in their stake, the overall market sentiment and the company's recent financial results may be contributing to the downward pressure on the stock price.