Why is Prince Pipes falling/rising?

As of 04-Jul, Prince Pipes & Fittings Ltd is experiencing a slight decline in its stock price, currently at 363.80, reflecting a decrease of -0.2 or -0.05%. The stock has been losing value for the last three days, with a total drop of -1.97% during this period. Despite a positive performance over the past month with a return of +10.86%, the stock has underperformed significantly over the year, with a return of -47.53%. Key factors contributing to this decline include a falling investor participation, as evidenced by a 65.35% drop in delivery volume compared to the five-day average, and a low return on capital employed (ROCE) of 3.1, indicating expensive valuation. Additionally, the company has reported negative results for the last four consecutive quarters, with a staggering -95.93% growth in profit after tax over the latest six months.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past week, gaining +1.51% compared to the benchmark's -0.74%. However, the long-term outlook remains bleak, with the stock underperforming against the benchmark over the last three years and generating a return of -15.40% year-to-date, while the Sensex has risen by +6.77% in the same period. This consistent underperformance, coupled with poor long-term growth prospects and negative quarterly results, suggests that investor confidence in Prince Pipes is waning, contributing to its recent price decline.