Why is IST falling/rising?

As of 24-Jul, IST Ltd's stock price is currently at 921.90, reflecting a decrease of 3.1 points or 0.34%. The stock has underperformed its sector today by 1.27% and has been on a downward trend for the last two days, accumulating a total decline of 0.82%. Over the past week, the stock has shown a slight decrease of 0.03%, while its performance over the last month has been more significant, with a drop of 1.93%. The company's financial metrics indicate challenges, including a low Return on Equity (ROE) of 9.64%, poor long-term growth in net sales and operating profit, and negative results reported for the latest six months. Additionally, the stock's valuation appears expensive relative to its peers, which may contribute to investor hesitation, as evidenced by the lack of domestic mutual fund investment in the company.
In the broader market context, the Sensex has experienced a marginal decline of 0.09% over the past week, indicating that the market sentiment is relatively stable. However, IST Ltd's performance has lagged behind, particularly in the longer term, where it has fallen by 2.65% year-to-date compared to the Sensex's gain of 5.18%. This underperformance may reflect investor concerns regarding the company's management efficiency and profitability, which could be influencing the stock's current price decline. The falling investor participation, as shown by a significant drop in delivery volume, further suggests a lack of confidence in the stock, contributing to its recent price movement.