Why is Sam Industries falling/rising?

As of 20-Jun, Sam Industries Ltd is experiencing a decline in its stock price, currently at 65.00, which represents a decrease of 4.99 or 7.13%. The stock has underperformed its sector by 7.09% today and has fallen after three consecutive days of gains. It opened with a loss of 2.93% and reached an intraday low of Rs 64.55, indicating significant selling pressure. Over the past month, the stock has decreased by 5.80%, and its year-to-date performance shows a decline of 1.80%. The company has reported a substantial drop in profits, with a 70.8% decrease, contributing to its negative return of 17.20% over the past year. Additionally, the stock is trading at a discount compared to its peers, but its weak long-term fundamentals, reflected in a low Return on Equity (ROE) of 9.55%, raise concerns about future growth.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.59% over the past week and 5.46% year-to-date. This underperformance highlights the challenges faced by Sam Industries in attracting investor interest, as evidenced by a significant drop in delivery volume, which fell by 87.3% against the five-day average. The stock's liquidity remains adequate for trading, but the overall market sentiment appears unfavorable, particularly given the company's flat results and poor growth trajectory. This combination of factors suggests that investors are cautious about the stock's future prospects, leading to its current decline.