Why is Prakash Industri falling/rising?

As of 14-Nov, Prakash Industries Ltd is experiencing a decline in its stock price, currently at Rs 146.95, which reflects a decrease of Rs 9.8 or 6.25%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -8.84% over the past week. Today's performance indicates that it underperformed its sector by 5.5%, with an intraday low of Rs 145.95. The stock is trading below its moving averages across various time frames, and there has been a notable drop in investor participation, with delivery volume decreasing by 28.45% compared to the five-day average. Although the company has a low debt-to-equity ratio and a fair valuation relative to peers, it has shown poor management efficiency with a low return on equity of 7.59%, which contributes to its recent price decline.
In the broader market context, Prakash Industries has underperformed compared to the benchmark Sensex, which has gained 1.62% over the past week, while the stock has lost 8.84%. Over the last year, the stock has generated a return of -13.46%, contrasting sharply with the market's positive return of 8.00%. This significant underperformance may indicate a lack of confidence from investors, as evidenced by the minimal stake held by domestic mutual funds, suggesting they may not be comfortable with the current price or business outlook. Overall, the combination of poor short-term performance, low profitability, and declining investor interest has led to the stock's recent downward trend.