Why is Ramkrishna Forg. falling/rising?

As of 05-Sep, Ramkrishna Forgings Ltd is currently priced at Rs 571.60, reflecting an increase of Rs 1.5 or 0.26%. The stock's performance today aligns with sector trends, having reached an intraday high of Rs 583.15, which is a 2.29% increase. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is 3.44% away from its 52-week low of Rs 551.95. Over the past year, the stock has significantly underperformed, with a return of -42.06%, despite a healthy growth in profits by 25.8%. The high institutional holdings at 28.04% suggest that informed investors are involved, but the recent negative financial results, particularly a substantial drop in profit before tax and profit after tax, have likely contributed to the stock's decline.
In the broader market context, the stock's short-term return of +0.77% over the past week is lower than the benchmark Sensex, which has increased by +1.13%. This underperformance is indicative of the stock's struggles compared to the overall market. While the stock has shown strong long-term growth with a 179.17% return over three years, its year-to-date performance is concerning, with a decline of -36.70% against the Sensex's modest gain of +3.29%. The combination of falling investor participation, as evidenced by a significant drop in delivery volume, and the stock's inability to recover from negative quarterly results, paints a challenging picture for Ramkrishna Forgings Ltd in the current market environment.