Why is Ramkrishna Forg. falling/rising?

As of 15-Sep, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 577.00, reflecting a decrease of Rs 1.4 or 0.24%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 1.8% during this period. Additionally, it is currently 4.34% away from its 52-week low of Rs 551.95. The stock's performance over the past week shows a slight decrease of 0.44%, while it has fared better over the past month with a gain of 2.03%. However, the year-to-date performance is concerning, with a significant drop of 36.10%. Despite healthy long-term growth indicators, such as a 34.41% annual increase in net sales and a 76.28% rise in operating profit, the stock's negative performance is compounded by a substantial decline in profit before tax and profit after tax in the latest quarter.
Broader market context indicates that the stock has underperformed relative to the benchmark, with the Sensex gaining 1.24% over the past week and 1.47% over the past month. In contrast, Ramkrishna Forgings Ltd's year-long performance shows a staggering decline of 42.81%, significantly worse than the broader market's negative return of 1.33%. The stock's liquidity is adequate for trading, but falling investor participation, as evidenced by a 55.82% drop in delivery volume, suggests waning interest. High institutional holdings at 28.04% may provide some stability, but the overall market sentiment and the company's recent negative financial results have contributed to the stock's downward trajectory.