Why is Integ. Industrie falling/rising?

As of 03-Sep, Integrated Industries Ltd is currently priced at 18.40, reflecting a decrease of 0.09 or 0.49%. The stock has been experiencing a downward trend, having lost 1.6% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.13%, and it has seen a significant drop of 37.82% year-to-date, despite positive financial results such as a 90.83% growth in net profit and a high return on equity of 21.69%. The company has shown strong management efficiency and healthy long-term growth, but these positive factors have not translated into stock price appreciation recently.
In the broader market context, the stock's performance has been notably weaker compared to the Sensex, which has only declined by 0.27% over the same week. The stock's year-over-year return of -53.70% starkly contrasts with the Sensex's decline of 2.41%, indicating a significant underperformance. Although there has been a rise in investor participation, as evidenced by a 24.26% increase in delivery volume, the overall market sentiment and the stock's inability to recover from its steep losses suggest that investors remain cautious.