Why is ITL Industries falling/rising?

As of 09-Sep, ITL Industries Ltd is experiencing a decline in its stock price, currently at Rs 351.00, which reflects a decrease of 4.0 points or 1.13%. The stock has underperformed its sector by 1.34% today and has been on a downward trend for the last two days, accumulating a total decline of 1.96%. Additionally, the stock has shown a negative performance over the past month, with a return of -3.48%, and a significant drop of -21.44% year-to-date. Despite having a strong ability to service debt indicated by a low Debt to EBITDA ratio of 1.18 times and an attractive valuation with a ROCE of 12.4, the stock's performance has been hindered by a 4.2% decline in profits over the past year and a substantial drop in investor participation, with delivery volume falling by 70.89% against the 5-day average.
In the broader market context, ITL Industries has underperformed compared to the benchmark Sensex, which has gained 1.18% over the past week while ITL has increased by only 2.05%. However, the stock's year-over-year performance is notably worse, with a decline of -23.70% compared to the Sensex's slight drop of -0.56%. This stark contrast highlights the stock's struggles in a generally stable market environment. The company's flat results in June and poor long-term growth prospects, with operating profit growth of only 18.68% over the last five years, further contribute to the negative sentiment surrounding the stock.