Why is Poddar Pigments falling/rising?

As of 18-Aug, Poddar Pigments Ltd. is experiencing a decline in its stock price, currently at 280.25, which reflects a decrease of 3.95 or 1.39%. The stock has underperformed significantly today, with a performance that is 99.86% lower than its sector. Additionally, the stock has not traded on one day out of the last 20 days, indicating erratic trading patterns. It is also trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has dropped by 4.01%, and it has generated a return of -28.40% over the past year, while profits have decreased by 34.5%. The company has a low debt-to-equity ratio, but its return on equity is only 5.3%, and the operating profit has seen a negative growth rate of -0.13% over the last five years.
In the broader market context, the Sensex has shown a positive return of 0.83% over the past week, contrasting sharply with Poddar Pigments' negative performance. This underperformance is further highlighted by the stock's returns compared to the BSE500, where it has lagged behind in the last three years, one year, and three months. The negative results reported in June, including a significant drop in profit after tax and the lowest recorded return on capital employed, contribute to a perception of poor long-term growth potential. Overall, the combination of declining investor participation, poor recent financial performance, and unfavorable comparisons to the benchmark indicates a challenging environment for Poddar Pigments Ltd.