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

As of 18-Sep, Investment & Precision Castings Ltd is experiencing a decline in its stock price, currently at 458.60, which reflects a decrease of 6.4 points or 1.38%. Today's price summary indicates that the stock has underperformed its sector by 2.02% and opened with a loss of 3.7%, reaching an intraday low of Rs 447.8. The stock has shown a trend reversal after two consecutive days of gains, and the volume traded has been lower than the average, suggesting falling investor participation. Over the past month, the stock has decreased by 4.43%, while its year-to-date performance shows a decline of 3.95%. Although the company has healthy long-term growth potential with an annual operating profit growth rate of 44.19%, it has faced challenges such as a high Debt to EBITDA ratio of 3.73 times and a return on equity of only 4.73%, indicating low profitability.
Broader market context reveals that while the stock has underperformed in the short term, it has outperformed the benchmark Sensex over the past week with a return of 2.14% compared to the Sensex's 1.80%. However, the stock's longer-term performance is concerning, with a 1-year return of -6.40% against the Sensex's slight gain of 0.08%. The decline in institutional investor participation, with a decrease of 0.61% in their stake, further reflects a lack of confidence in the stock's fundamentals. This combination of factors, including poor short-term performance and declining investor interest, contributes to the stock's current downward trajectory.