Why is Sahyadri Industr falling/rising?

As of 23-Sep, Sahyadri Industries Ltd is experiencing a decline in its stock price, currently at Rs 261.80, which reflects a decrease of Rs 10.05 or 3.7%. The stock has underperformed its sector by 4.44% today and has been on a downward trend for the last two days, accumulating a total loss of 3.75%. Over the past week, the stock has shown a slight gain of 1.24%, but its performance over the last month has been poor, with a decline of 9.10%. The stock is trading below all its moving averages, indicating a bearish trend. Despite a high management efficiency with a return on capital employed (ROCE) of 16.93% and a low debt to EBITDA ratio of 0.94, the stock's valuation remains attractive, yet it has faced a significant drop of 25.84% over the past year, coinciding with a 25.3% fall in profits.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Sahyadri Industries' recent performance. While the stock has seen a minor uptick in investor participation, as evidenced by a 58.78% increase in delivery volume, the overall sentiment remains negative due to the stock's significant underperformance over longer periods, including a 40.94% drop over the last three years compared to a 41.31% gain in the benchmark. This stark contrast highlights the challenges faced by Sahyadri Industries in maintaining investor confidence amidst declining returns and profitability.