Why is Ramkrishna Forg. falling/rising?

As of 18-Sep, Ramkrishna Forgings Ltd's stock price is currently at Rs 576.95, reflecting an increase of 0.95 (0.16%). The stock has been gaining for the last two days, with a total return of 0.17% during this period. However, it is still underperforming the sector by 0.48% and is 4.33% away from its 52-week low of Rs 551.95. Over the past year, the stock has experienced a significant decline of 43.24%, despite a 25.8% increase in profits, indicating a disconnect between stock performance and underlying financial health. The company has shown healthy long-term growth with net sales increasing at an annual rate of 34.41% and operating profit at 76.28%, but recent negative results, particularly a sharp decline in profit before tax and profit after tax, have raised concerns among investors.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-year return of -43.24% against the BSE500's -1.96%. While the stock is trading at a discount relative to its peers, high institutional holdings at 28.04% suggest that more knowledgeable investors are involved, which could provide some stability. However, the falling investor participation, as indicated by a 12.44% drop in delivery volume, raises concerns about liquidity and market interest. Overall, despite some positive long-term growth indicators, the recent financial performance and market trends suggest a cautious outlook for Ramkrishna Forgings Ltd.