Why is Ramkrishna Forg. falling/rising?

As of 19-Aug, Ramkrishna Forgings Ltd is currently priced at 582.50, reflecting an increase of 5.05 or 0.87%. The stock has shown a positive movement, gaining 2.88% over the last two days and opening with a 2% gain today. Despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 35.49% and a one-year drop of 38.47%. Positive factors contributing to the stock's recent movement include healthy long-term growth, with net sales increasing at an annual rate of 34.41% and operating profit rising by 76.28%. However, negative results from the latest quarter, including a substantial decline in profit before tax and profit after tax, have raised concerns among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.76% over the past week, Ramkrishna Forgings Ltd has seen a slight decline of 0.16%. The stock's performance has been notably weaker than the broader market, particularly over the past year, where it has significantly lagged behind the BSE500's return of -0.91%. The stock's high institutional holdings at 28.04% suggest that knowledgeable investors are monitoring its fundamentals closely, yet the falling investor participation and liquidity indicate a cautious sentiment among retail investors.