Why is Kokuyo Camlin falling/rising?

As of 21-Aug, Kokuyo Camlin Ltd's stock price is currently at 113.25, reflecting a decrease of 0.1, or 0.09%. The stock has been underperforming, having lost 0.31% over the last two days and is currently trading lower than its 50-day, 100-day, and 200-day moving averages, despite being higher than its 5-day and 20-day moving averages. Additionally, the stock has generated a return of -37.91% over the past year, with profits plummeting by 100.8%. The recent decline in investor participation, evidenced by a 21.5% drop in delivery volume compared to the 5-day average, further indicates a lack of confidence among investors.
In the broader market context, Kokuyo Camlin's short-term performance has been relatively better than the benchmark, with a 3.85% increase over the past week compared to the Sensex's 1.74% rise. However, over the longer term, the stock has significantly underperformed the benchmark, with a year-to-date decline of 12.21% against the Sensex's 4.94% gain. This disparity highlights the challenges faced by Kokuyo Camlin, as it trades at a discount to its peers' historical valuations, suggesting that while there may be attractive valuation metrics, the overall sentiment remains negative due to falling profits and declining investor interest.