Why is ISGEC Heavy falling/rising?

As of 10-Sep, ISGEC Heavy Engineering Ltd's stock price is currently at 1,007.45, reflecting an increase of 7.05 or 0.7%. Despite this uptick, the stock has underperformed its sector by 0.46% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has declined by 2.66%, and its year-to-date performance shows a significant drop of 30.19%. While the company has a low debt-to-equity ratio of 0.33 and an attractive valuation with a return on capital employed (ROCE) of 12.4, the stock's negative performance over the past year, with a return of -25.18%, raises concerns. The recent quarterly results also showed declines in net sales, profit before tax, and profit after tax, which may contribute to investor caution.
Broader market context indicates that the stock has significantly underperformed compared to the benchmark, with the Sensex gaining 1.06% over the past week and 4.21% year-to-date. This stark contrast highlights the challenges ISGEC Heavy is facing relative to the broader market, where the BSE500 index has only seen a minor decline of 2.89% in the last year. The rising investor participation, with a 20.77% increase in delivery volume, suggests some interest in the stock, but the overall negative sentiment stemming from poor financial results and underperformance against market benchmarks continues to weigh heavily on its price movement.