Why is LGB Forge falling/rising?

As of 26-Sep, LGB Forge Ltd's stock price is currently at Rs 9.21, reflecting a decrease of Rs 0.33, or 3.46%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.66%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, being only 3.8% away from Rs 8.86. In terms of performance against benchmarks, LGB Forge has seen a 1-week return of -2.85% and a year-to-date decline of 44.18%, while the Sensex has shown a slight decline of 2.66% over the same week and a positive return of 2.93% year-to-date. Despite the company declaring positive results for the last three consecutive quarters, including significant growth in net sales, the overall weak long-term fundamental strength, characterized by a low return on capital employed and high debt levels, has negatively impacted investor sentiment.
In the broader market context, LGB Forge's recent performance contrasts with the benchmark Sensex, which has shown a relatively stable performance. The stock's short-term underperformance, particularly in the context of a declining sector, has contributed to a falling investor participation, as indicated by a drop in delivery volume. The castings and forgings sector has also experienced a decline of 2.25%, further exacerbating the challenges faced by LGB Forge. Overall, while the company has reported positive operational results, the combination of weak long-term growth prospects and poor market sentiment has led to a downward trend in its stock price.