Why is Jindal Poly Film falling/rising?

As of 18-Aug, Jindal Poly Films Ltd is experiencing a slight decline in its stock price, currently at Rs 521.75, which reflects a decrease of 0.25 (-0.05%). The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total return of -1.95% during this period. It is also trading close to its 52-week low, just 1.55% away from Rs 513.65. Over the past month, the stock has significantly underperformed with a return of -15.19%, while the benchmark Sensex has only decreased by 0.59%. The company's financials indicate a low Debt to EBITDA ratio of 1.49 times, suggesting a strong ability to service debt, but it has also shown poor long-term growth with an annual operating profit decline of -39.22% over the last five years. Furthermore, domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its valuation or business prospects. In the broader market context, Jindal Poly Films Ltd's short-term performance has been notably weaker compared to the benchmark, as it has returned +0.34% over the past week, while the Sensex has gained +0.83%. The stock's recent decline is compounded by a significant drop in investor participation, with delivery volume falling by 30.73% against the five-day average. Additionally, the sector of Plastic Products has seen gains of 2.83%, further highlighting Jindal's underperformance. Despite the company’s profits rising by 36% over the past year, the overall negative sentiment and poor recent results have overshadowed these positives, leading to a continued decline in stock price.