Why is Sarla Performanc falling/rising?

As of 23-Sep, Sarla Performance Fibers Ltd is experiencing a decline in its stock price, currently at 100.25, reflecting a decrease of 1.25 or 1.23%. The stock has been underperforming, having fallen consecutively for the last five days, with a total drop of 5.65% in that period. Today's trading saw the stock reach an intraday low of Rs 97.65, indicating significant selling pressure. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. While the company has demonstrated strong fundamentals, such as a low Debt to EBITDA ratio and attractive valuation metrics, the recent performance has been overshadowed by poor long-term growth indicators, including a modest annual net sales growth rate of 10.10% over the last five years.
In the broader market context, Sarla Performance Fibers has underperformed relative to the benchmark Sensex, which has only declined by 0.34% over the past week, while the stock has dropped by 5.65%. Despite the company's ability to generate an 11.81% return over the past year, the overall market has seen negative returns of -4.69%, highlighting the stock's relative strength in a challenging environment. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's future prospects, contributing to its recent price decline.