Why is ISGEC Heavy falling/rising?

As of 24-Sep, ISGEC Heavy Engineering Ltd is currently priced at 942.70, reflecting a decrease of 0.9, or 0.1%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 5.49% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the stock has underperformed significantly over the past year, with a return of -33.91%, while its profits have only increased by 1.1%. The company maintains a low debt-to-equity ratio of 0.33 and an attractive valuation, but these factors have not been sufficient to counteract the negative sentiment stemming from disappointing quarterly results, including a 12.90% drop in net sales.
In the broader market context, ISGEC Heavy's performance has been notably worse than the benchmark, as it has declined by 34.68% year-to-date compared to a 4.58% gain in the Sensex. Over the past week, the stock has dropped by 5.26%, while the Sensex has only decreased by 1.18%. This stark contrast highlights the stock's struggle to attract investor interest, evidenced by a 28.1% drop in delivery volume compared to the 5-day average. Despite outperforming its sector by 1.19% today, the overall trend suggests a lack of confidence among investors, further exacerbated by the company's recent financial performance and the broader market's relative stability.