Why is Ramkrishna Forg. falling/rising?

As of 01-Aug, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 565.70, which represents a decrease of Rs 17.15 or 2.94%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.58% over that period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.22% away from Rs 553.15. Despite a healthy long-term growth in net sales and operating profit, the recent negative quarterly results have significantly impacted investor sentiment, leading to a strong sell-off.
In the broader market context, Ramkrishna Forgings has underperformed compared to the Sensex, which has only declined by 1.06% over the past week, while the stock has dropped by 9.58%. Over the past year, the stock has generated a return of -33.08%, which is substantially worse than the market's negative return of -4.13%. This stark contrast highlights the stock's struggles despite its positive long-term growth metrics and high institutional holdings, which typically indicate a level of confidence in the company's fundamentals. The recent poor financial performance, particularly the significant drop in profit before tax and profit after tax, has overshadowed the company's potential, contributing to the ongoing decline in its stock price.