Why is Kokuyo Camlin falling/rising?

As of 31-Jul, Kokuyo Camlin Ltd's stock price is currently at Rs 112.00, reflecting a decline of Rs 3.75 or 3.24%. The stock has underperformed its sector today, with a performance drop of 1.25%. After experiencing two days of consecutive gains, the stock has reversed its trend, hitting an intraday low of Rs 111.1, which represents a 4.02% decrease. Additionally, Kokuyo Camlin is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 2.52%, and it has significantly underperformed the market over the last year, with a return of -38.78% compared to the Sensex's -0.68%. The company's weak long-term fundamentals, including a -6.57% CAGR growth in operating profits over the last five years and a substantial profit decline of -86.7% in the past year, contribute to its current stock performance.
In the broader market context, Kokuyo Camlin's recent performance contrasts sharply with the benchmark, as it has significantly underperformed the BSE500, which reported a negative return of -3.20% over the last year. The printing and stationery sector, to which Kokuyo Camlin belongs, has also seen a decline of 2.45%. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its valuation and business prospects. Despite a recent increase in investor participation, the overall sentiment remains negative due to the company's weak profitability and valuation metrics, indicating that the stock's decline is influenced by both company-specific issues and broader market trends.