Why is Inv.& Prec.Cast. falling/rising?

As of 04-Sep, Investment & Precision Castings Ltd is experiencing a decline in its stock price, currently at Rs 459.00, which reflects a decrease of Rs 6.95 or 1.49%. Today's price summary indicates that the stock opened with a loss of 2.35% and reached an intraday low of Rs 452.15, suggesting significant downward pressure. The stock has underperformed its sector by 0.69%, and over the past week, it has seen a return of -2.34%, while its one-month return stands at -7.77%. Despite a healthy long-term growth rate in operating profit of 44.19%, the stock's recent performance is hindered by a high Debt to EBITDA ratio of 3.73 times, indicating low ability to service debt, and a decline in profits by 12.1% over the past year.
In the broader market context, the Sensex has shown a positive return of 0.80% over the past week, contrasting with the stock's negative performance. This divergence highlights the stock's struggles relative to the overall market. Additionally, institutional investors have reduced their stake by 0.61%, which may reflect a lack of confidence in the company's fundamentals compared to its peers. The stock's performance has also been affected by flat results in June and a low return on equity of 4.73%, signifying low profitability per unit of shareholders' funds. Overall, these factors contribute to the stock's downward trajectory amidst a generally stable market environment.