Why is S Chand & Compan falling/rising?

As of 23-Sep, S Chand & Company Ltd's stock price is currently at Rs 189.10, reflecting a decrease of Rs 3.4 or 1.77%. The stock has underperformed its sector by 0.91% today, having touched an intraday low of Rs 188, which represents a decline of 2.34%. Over the past week, the stock has seen a return of -0.76%, and it has significantly underperformed over the last month with a decline of 4.35%. Despite a low debt-to-equity ratio of 0.07 and an attractive valuation with a price-to-book value of 0.7, the stock has generated a return of -17.21% over the past year, indicating a concerning trend. Additionally, the company's recent financial results have shown a substantial drop in profit before tax and profit after tax, which has likely contributed to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 0.98% over the past month while S Chand & Company has declined by 4.35%. The stock has also underperformed the BSE500 over the last three years, one year, and three months, highlighting its struggles in both short-term and long-term performance. Although there has been an increase in institutional investor participation, with a 1.49% rise in their stake, the overall market sentiment remains cautious due to the company's flat results and declining profitability. This combination of factors has led to a bearish outlook for S Chand & Company Ltd.