Why is Kajaria Ceramics falling/rising?

As of 27-Jun, Kajaria Ceramics Ltd. is experiencing a decline in its stock price, currently at Rs 1,088.10, reflecting a decrease of Rs 28.1 or 2.52%. Today's performance indicates that the stock has underperformed its sector by 2.23%, with an intraday low of Rs 1,080.05, marking a drop of 3.24%. Over the past week, the stock has shown a positive return of 6.32%, although it has underperformed significantly over the year with a return of -23.70%. Despite trading above its moving averages, the stock has seen a notable decrease in investor participation, with delivery volume dropping by 62.79% compared to the five-day average. The company boasts a high management efficiency with a return on equity (ROE) of 15.43% and low debt levels, but it has also faced challenges, including negative results for the last four consecutive quarters and a decline in profits.
Broader market context shows that while Kajaria Ceramics has had a positive return over the past week, it has lagged behind the benchmark Sensex, which has returned 2.00% in the same period. The stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 10.71% and 7.98%, respectively, over the last five years. Additionally, the stock is trading at a premium compared to its peers, with a price-to-book value of 6.3, which may deter potential investors. Overall, the combination of declining investor interest, poor quarterly results, and underperformance relative to the broader market contributes to the stock's current downward movement.