Why is Ramkrishna Forg. falling/rising?

As of 22-Sep, Ramkrishna Forgings Ltd is experiencing a decline in its stock price, currently at Rs 556.30, which reflects a decrease of Rs 10.5 or 1.85%. The stock has underperformed its sector by 0.95% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.58%. It is also trading close to its 52-week low, just 0.78% away from Rs 551.95. Over the past year, the stock has significantly underperformed, with a return of -44.76%, while its profits have increased by 25.8%. Despite a healthy long-term growth in net sales and operating profit, the recent negative financial results, particularly a substantial drop in profit before tax and profit after tax, have contributed to the stock's decline.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark Sensex, which has gained 0.46% over the past week, while Ramkrishna Forgings Ltd has fallen by 3.59%. This stark contrast highlights the stock's struggles relative to the overall market. Additionally, while the company has high institutional holdings at 28.04%, indicating some level of confidence from larger investors, the recent financial results have overshadowed these positive factors, leading to a bearish sentiment among investors.