Why is Sahyadri Industr falling/rising?

As of 29-Aug, Sahyadri Industries Ltd is experiencing a decline in its stock price, currently at Rs 242.15, which reflects a decrease of Rs 5.85 or 2.36%. The stock has been underperforming significantly, having fallen for the last four consecutive days, resulting in a 15.92% drop over the past week. Today's performance indicates that the stock has underperformed its sector by 2.4%, with an intraday low of Rs 235.5. Additionally, it is trading below all key moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 16.37% against the five-day average. The stock has also shown a consistent underperformance against benchmarks, with a year-to-date return of -24.59% compared to a positive return of 2.14% for the Sensex.
In the broader market context, the stock's short-term performance is significantly worse than the benchmark, as it has declined by 15.92% over the past week while the Sensex has only decreased by 1.84%. This trend of underperformance is compounded by the company's poor long-term growth prospects, with operating profit declining at an annual rate of -10.76% over the last five years. Despite some positive factors such as high management efficiency and a low Debt to EBITDA ratio, the overall sentiment remains negative due to flat quarterly results and a significant drop in profits over the past year. The stock's valuation, while attractive compared to peers, has not translated into positive market performance, leading to its current downward trajectory.