Why is Kabra Extrusion falling/rising?

As of 17-Jul, Kabra Extrusion Technik Ltd's stock price is currently at Rs 302.00, reflecting a decrease of Rs 9.8 or 3.14%. The stock has underperformed its sector by 4.7% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 302, and the delivery volume has significantly decreased by 55.66% compared to the 5-day average. Over the past week, the stock has declined by 3.93%, while it has seen a modest increase of 7.68% over the past month. However, the stock has faced substantial declines year-to-date, down 45.29%, and has generated a negative return of 31.86% over the past year, indicating ongoing challenges despite a healthy long-term growth rate in operating profit.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.12% over the past week and has gained 5.27% year-to-date. The company's financial results have been concerning, with a significant drop in net sales of 16.93% and a dramatic fall in profit after tax by 84.1%. Additionally, institutional investors have reduced their stake in the company, reflecting a lack of confidence in its fundamentals. Despite a low debt-to-equity ratio and attractive valuation metrics, the persistent underperformance against the market and declining investor participation suggest that the stock's recent price movement is driven by negative sentiment and financial instability.