Why is Prakash Pipes falling/rising?

As of 17-Sep, Prakash Pipes Ltd. is experiencing a decline in its stock price, currently at 323.25, which reflects a decrease of 1.85 (-0.57%). The stock has been losing value for the last two days, with a total drop of 1.43% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 6.52% compared to the 5-day average, suggesting falling investor participation. Over the past year, the stock has significantly underperformed, with a return of -46.83%, while the company's profits have also fallen by 29.6%. Despite a low debt-to-equity ratio and an attractive valuation, the negative financial results and low domestic mutual fund interest signal a lack of confidence in the stock.
In the broader market context, Prakash Pipes has underperformed the benchmark, with a 1-week return of -1.69% compared to the Sensex's gain of 1.56%. This trend of underperformance is consistent with the stock's year-to-date return of -36.52% versus the Sensex's positive return of 5.83%. The overall market has been relatively stable, but Prakash Pipes' significant decline over the past year, coupled with disappointing financial results and low investor interest, has contributed to its current downward trajectory.