Why is LGB Forge falling/rising?

As of 19-Aug, LGB Forge Ltd is experiencing a decline in its stock price, currently at 9.88, reflecting a decrease of 0.02 or 0.2%. The stock has underperformed its sector by 0.94% today and has been on a consecutive downward trend for the last two days, with a total return of -1.2% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite declaring positive results for the last three consecutive quarters, including the highest operating cash flow and operating profit margins, the company's long-term fundamentals are weak, highlighted by a low return on capital employed and a high debt-to-EBITDA ratio, which negatively impacts investor sentiment.
In the broader market context, LGB Forge's recent performance contrasts sharply with the Sensex, which has gained 1.76% over the past week and 4.49% year-to-date. The stock has consistently underperformed against the benchmark, with a year-to-date return of -40.12% compared to the Sensex's positive growth. This consistent underperformance, coupled with declining investor participation and liquidity issues, suggests a lack of confidence among investors, further contributing to the stock's downward trajectory.