Why is IST falling/rising?

As of 16-Jul, IST Ltd's stock price is currently at 921.00, reflecting a decrease of 14.0 points or 1.5%. The stock has underperformed its sector today by 1.38%, 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 seen a slight decline of 0.75%, contrasting with a 2.62% increase over the past month. However, the year-to-date performance shows a drop of 2.75%, and the one-year return is down by 5.05%. The company has also experienced a significant fall in investor participation, with delivery volume decreasing by 36.37% compared to the 5-day average. Compounding these issues are negative financial indicators, including a low return on equity of 9.64%, declining net sales, and a substantial drop in profit after tax in the latest quarter.
In the broader market context, IST Ltd's recent performance contrasts with the Sensex, which has risen by 5.75% year-to-date. The stock's short-term underperformance relative to the benchmark indicates a lack of investor confidence, particularly as domestic mutual funds hold no stake in the company, suggesting they may not find the current valuation attractive. The company's poor management efficiency and low profitability per unit of shareholder funds further contribute to its declining stock price. Overall, these factors indicate that IST Ltd is facing significant challenges that are impacting its stock negatively in the current market environment.