Why is Ramkrishna Forg. falling/rising?

As of 06-Aug, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 561.50, which reflects a decrease of Rs 12.2 or 2.13%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.1% during this period. It is also trading close to its 52-week low, just 1.7% away from Rs 551.95. In terms of performance, the stock has significantly underperformed the sector by 0.74% today and has shown a negative return of 15.40% over the past month, while its year-to-date performance is down by 37.81%. The company's recent financial results have also contributed to this decline, with a notable drop in profit before tax and profit after tax compared to previous quarters.
Broader market context indicates that while the Sensex has seen a slight decline of 1.15% over the past week, Ramkrishna Forgings Ltd has experienced a much steeper drop of 6.00% in the same timeframe. This stark contrast highlights the stock's struggles relative to the broader market. Despite healthy long-term growth indicators, such as a 34.41% annual increase in net sales and a 25.8% rise in profits over the past year, the stock's negative returns of -34.79% over the last year suggest significant investor concerns. Additionally, a decrease in investor participation, with delivery volume dropping by 65.59% against the five-day average, further indicates waning interest in the stock, contributing to its current downward trajectory.