Why is Samkrg Pistons falling/rising?

As of 28-Aug, Samkrg Pistons & Rings Ltd is experiencing a slight decline in its stock price, currently at 128.85, down by 0.15 or 0.12%. The stock has been on a downward trend, losing value for the past six consecutive days, resulting in a total decline of 5.22% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a recent increase in delivery volume, which rose by 109.57% against the 5-day average, the stock's performance over the past year has been poor, with a return of -36.75% and a decrease in profits by 10.1%. The company's low Debt to EBITDA ratio of 0.70 times and attractive valuation metrics suggest some underlying strength, but the overall negative performance and flat results in recent earnings have overshadowed these factors.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with a 1-week return of -3.81% compared to the Sensex's -2.34%. This underperformance is consistent with the stock's long-term trend, as it has lagged behind the BSE500 over the past three years, one year, and three months. The company's lack of significant growth, with net sales increasing at an annual rate of only 5.85% and operating profit at 4.70% over the last five years, further contributes to investor concerns. Overall, while there are some positive indicators regarding the company's financial health, the persistent decline in stock price and disappointing growth metrics have led to a negative sentiment among investors.