Why is Ramkrishna Forg. falling/rising?

As of 26-Aug, Ramkrishna Forgings Ltd is currently priced at 564.10, reflecting a decrease of 0.95 or 0.17%. The stock has been underperforming, with a consecutive decline over the last three days resulting in a total drop of 2.31%. It is trading lower than all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 2.15% away from 551.95. Despite a healthy long-term growth rate in net sales and operating profit, the stock has generated a substantial negative return of 40.63% over the past year, which is significantly worse than the broader market's decline of 1.12%. The recent negative financial results, particularly a sharp fall in profit before tax and profit after tax, have likely contributed to the stock's downward movement.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.16% compared to the Sensex's -1.05%. This underperformance is compounded by a significant drop in investor participation, with delivery volume decreasing by 42.73% against the 5-day average, indicating reduced interest from investors. While the stock has high institutional holdings, which can provide some stability, the recent financial results and the stock's significant decline relative to the market suggest a lack of confidence among investors. Overall, the combination of negative financial performance and poor short-term returns relative to the benchmark is driving the stock's decline.