Why is National Standar falling/rising?

As of 09-Jul, National Standard (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,540.25, reflecting a decrease of Rs 40.7 or 1.58%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.12% during this period. It is also close to its 52-week low, just 0.79% away from Rs 2,520.1. The stock's performance over the past week shows a decrease of 2.74%, and over the past month, it has dropped by 13.14%. Additionally, the company's low return on equity of 6.09% indicates poor management efficiency and profitability, which, combined with a significant drop in profits and low domestic mutual fund interest, contributes to the stock's negative sentiment.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.15% over the past week and 1.32% over the past month. National Standard's substantial underperformance against the benchmark is evident, with a staggering 46.80% decline over the past year compared to the Sensex's 3.96% increase. This consistent underperformance over the last three years, coupled with a high price-to-book value ratio and falling investor participation, further exacerbates the stock's challenges in attracting investor confidence and maintaining a stable price.