Why is Ramkrishna Forg. falling/rising?

As of 03-Sep, Ramkrishna Forgings Ltd is currently priced at Rs 577.10, reflecting a slight increase of 0.1 (0.02%). The stock has shown a positive trend recently, gaining 1.74% over the last three days, although it remains 4.36% away from its 52-week low. Despite this recent uptick, the stock has underperformed its sector by 0.3% today and has a delivery volume that has decreased by 24.26% compared to the 5-day average, indicating a decline in investor participation. Over the past year, the stock has experienced a significant drop of 40.73%, despite a 25.8% increase in profits, which suggests that while the company is growing, market sentiment remains negative. The company has a healthy long-term growth outlook with net sales growing at an annual rate of 34.41% and operating profit at 76.28%, but recent negative financial results, including a substantial drop in profit before tax and profit after tax, have contributed to the stock's struggles.
In the broader market context, Ramkrishna Forgings Ltd has outperformed the Sensex over the past week and month, with returns of 2.30% and 2.06%, respectively, while the benchmark has seen slight declines. However, the stock's year-to-date performance is considerably worse than the Sensex, which has gained 3.11% compared to the stock's decline of 36.09%. This stark contrast highlights the challenges the company faces in regaining investor confidence, especially given its high institutional holdings of 28.04%, which may indicate that larger investors are cautious about the stock's future prospects. Overall, while there are positive growth indicators, the recent financial performance and market sentiment are weighing heavily on the stock's price movement.