Why is Sahyadri Industr falling/rising?

As of 15-Sep, Sahyadri Industries Ltd is experiencing a decline in its stock price, currently at Rs 266.00, reflecting a decrease of Rs 5.75 or 2.12%. The stock has underperformed its sector today by 1.74% and has been on a downward trend for the last two days, with a total decline of 5.07% during this period. The stock reached an intraday low of Rs 263.05, and trading volume has been lower than average, indicating reduced investor participation. Over the past year, the stock has generated a return of -24.57%, while its profits have decreased by 25.3%. Despite having a high return on capital employed (ROCE) of 16.93% and a low debt to EBITDA ratio of 0.94, the company has shown poor long-term growth, with operating profit declining at an annual rate of -10.76% over the last five years.
In the broader market context, Sahyadri Industries has significantly underperformed compared to the benchmark, with a 1-week return of -6.99% against the Sensex's +1.24%. This trend of underperformance has persisted over longer periods, including a -10.69% return over the past month and a -44.97% return over the last three years, while the Sensex has gained 36.46% in the same timeframe. The consistent decline in stock performance, coupled with flat quarterly results and a low dividend payout, suggests that investor sentiment remains negative, further contributing to the stock's downward trajectory.