Why is Prince Pipes falling/rising?

As of 02-Jul, Prince Pipes & Fittings Ltd is experiencing a decline in its stock price, currently at 369.00, which reflects a decrease of 2.1 (-0.57%). The stock has recently fallen after six consecutive days of gains, indicating a potential trend reversal. Despite a strong performance over the past week and month, with returns of +7.49% and +11.56% respectively, the stock has underperformed significantly over the year, with a return of -47.03%. Key factors contributing to this decline include a drop in investor participation, as evidenced by a 7.77% decrease in delivery volume compared to the five-day average. Additionally, the company has reported negative results for the last four consecutive quarters, with a substantial decline in profit after tax and a low return on capital employed, which has raised concerns about its long-term growth prospects.
In the broader market context, while Prince Pipes has outperformed the Sensex in the short term, the stock's year-to-date performance shows a stark contrast, with a decline of -14.19% compared to the Sensex's gain of +6.75%. This consistent underperformance against the benchmark over the last three years further highlights the challenges faced by the company. Although the stock has high management efficiency and institutional holdings, the negative financial results and poor growth trajectory have overshadowed these positives, leading to a cautious sentiment among investors.