Why is Pokarna falling/rising?

As of 23-Sep, Pokarna Ltd's stock price is currently at 854.00, reflecting a decrease of 9.3 points or 1.08%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 6.51% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also decreased significantly, falling by 44.82% compared to the 5-day average, suggesting a drop in investor participation. Despite these challenges, the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 17.04% and healthy long-term growth, with net sales increasing at an annual rate of 25.21%. However, the stock has underperformed the market over the past year, with a return of -22.67%, despite a significant profit increase of 75.1%. In the broader market context, while Pokarna's stock has declined by 9.87% over the past month, the benchmark Sensex has gained 0.98%, indicating a significant underperformance relative to the market. The stock's year-to-date performance shows a decline of 26.72%, contrasting sharply with the Sensex's positive return of 5.07%. This disparity highlights the stock's struggles in attracting investor confidence, especially in light of flat quarterly results and lower net sales. The high institutional holdings at 21.11% may provide some stability, but the overall market sentiment appears to be weighing heavily on Pokarna's stock price, leading to its current decline.