Why is Ramkrishna Forg. falling/rising?

As of 29-Jul, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 598.95, which represents a decrease of Rs 14.45 or 2.36%. The stock has underperformed its sector by 3.57% today and has been on a consecutive downward trend for the last two days, with a total decline of 4.1% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 5.14%, and in the last month, it has fallen by 10.46%. Despite a healthy long-term growth rate in net sales and operating profit, the stock has generated a negative return of 28.87% over the past year, indicating significant underperformance compared to the market.
In the broader market context, the Sensex has only decreased by 1.03% over the past week and 3.24% over the past month, highlighting that Ramkrishna Forgings Ltd's short-term performance is considerably worse than the benchmark. The stock's decline is further compounded by flat results reported in March, with the lowest recorded ROCE and operating profit to interest ratios. Although the company has high institutional holdings at 28.04%, which typically indicates a level of confidence in its fundamentals, the recent performance metrics suggest that investor sentiment may be negatively impacted by the stock's substantial underperformance relative to the market and its peers.