Why is Kajaria Ceramics falling/rising?

As of 19-Sep, Kajaria Ceramics Ltd. is experiencing a decline in its stock price, currently at Rs 1,210.00, reflecting a decrease of Rs 18.6 or 1.51%. The stock has underperformed its sector by 0.89% today and has been on a downward trend for the last two days, with a total drop of 2.02%. It touched an intraday low of Rs 1,200, which is a 2.33% decrease. Over the past week, the stock has declined by 1.23%, and over the last month, it has fallen by 6.09%. Despite having a high management efficiency indicated by a return on equity of 15.46% and a low debt-to-equity ratio, the stock's recent performance is hampered by falling investor participation, as evidenced by a significant drop in delivery volume. In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with Kajaria Ceramics' decline. The stock's year-to-date performance is still positive at 4.36%, but its one-year return is notably negative at -18.93%, while the Sensex has only declined by 0.67% in the same period. The company's substantial market capitalization and high institutional holdings suggest a strong foundation; however, the recent underperformance relative to the benchmark and declining investor interest may be contributing to the stock's current downward trajectory.