Why is Ramkrishna Forg. falling/rising?

As of 04-Sep, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 570.10, down by Rs 7.0 or 1.21%. The stock has underperformed its sector today by 0.41% and is trading lower than its moving averages across various time frames, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.18% away from Rs 551.95. Over the past week, the stock has seen a slight decrease of 0.68%, and its year-to-date performance shows a significant drop of 36.86%. Despite a healthy long-term growth in net sales and operating profit, the stock's recent performance has been negatively impacted by poor quarterly results, including a substantial fall in profit before tax and profit after tax compared to previous quarters.
Broader market context indicates that while the Sensex has gained 0.80% over the past week, Ramkrishna Forgings Ltd has lagged behind with a decline. The stock's performance over the last year shows a stark contrast, with a return of -42.66% compared to the broader market's negative return of -1.98%. This underperformance, coupled with a significant drop in investor participation and liquidity concerns, suggests a lack of confidence among investors. High institutional holdings may provide some stability, but the recent negative financial results and the stock's inability to recover from its downward trend contribute to its current status as a strong sell.