Why is Ishan Dyes falling/rising?

As of 22-Sep, Ishan Dyes and Chemicals Ltd is experiencing a decline in its stock price, currently at 60.50, reflecting a decrease of 0.09 or 0.15%. The stock has underperformed its sector today by 1.18%, and while it is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Over the past week, the stock has dropped by 1.58%, and it has seen a significant decrease in delivery volume, falling by 93.03% against the 5-day average. Despite a year-to-date return of 11.34%, the company has faced challenges, including an 82.3% drop in profits over the past year, which has contributed to its weak long-term fundamental strength, indicated by a -13.93% CAGR growth in operating profits over the last five years. In the broader market context, the Sensex has gained 0.46% over the past week, contrasting with Ishan Dyes' decline. This underperformance is further highlighted by the company's weak financial indicators, including a low return on equity of 6.54% and a negative profit after tax in the latest six months. The stock is trading at a discount compared to its peers, which may attract some investors; however, the overall negative sentiment stemming from declining profits and weak operating performance suggests that the stock's recent movement is primarily downward.