Why is IST falling/rising?

As of 28-Jul, IST Ltd is experiencing a decline in its stock price, currently at 902.05, which reflects a decrease of 10.75 or 1.18%. The stock has been underperforming, having lost 2.95% over the last four days and showing a 1.95% decline over the past week. In terms of longer-term performance, the stock has decreased by 4.04% over the past month and 4.75% year-to-date, while it has significantly underperformed the Sensex, which has gained 3.52% year-to-date. The company has a low Debt to Equity ratio, but it also suffers from poor management efficiency, as indicated by a low Return on Equity (ROE) of 9.64%, and negative growth in net sales and operating profit over the last five years. Additionally, the latest financial results show a significant decline in profit after tax, which has contributed to the stock's negative sentiment.
In the broader market context, IST Ltd's short-term performance has been weaker than the benchmark, with a 1.95% decline over the past week compared to the Sensex's 1.59% drop. This suggests that while the overall market is facing challenges, IST Ltd is struggling even more. The stock's valuation appears expensive with a Price to Book Value of 0.7, and the lack of domestic mutual fund investment may indicate a lack of confidence in the company's future prospects. Overall, the combination of poor financial performance, low investor participation, and underwhelming returns relative to the benchmark contributes to the downward pressure on IST Ltd's stock price.