Why is Senco Gold falling/rising?

As of 13-Jun, Senco Gold Ltd is currently priced at Rs 347.60, reflecting a decrease of Rs 2.35 or 0.67%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 6.86%. In terms of performance, Senco Gold has underperformed against the benchmark Sensex over the past week and month, with declines of 5.43% and 2.11%, respectively. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. While the company has shown healthy long-term growth with a 21% annual increase in net sales and a strong operating profit, recent quarterly results have been mixed, with profits declining by 12% over the past year. Furthermore, foreign institutional investors (FIIs) have reduced their holdings to 7.18%, which may contribute to negative sentiment around the stock.
In the broader market context, Senco Gold's short-term performance has been notably weaker than the Sensex, which has only declined by 1.30% over the past week and is up 3.81% year-to-date. This stark contrast highlights the stock's struggles relative to the overall market. The falling investor participation, evidenced by a 26.8% drop in delivery volume compared to the five-day average, further underscores the lack of confidence among investors. Despite the company's attractive valuation metrics and potential for long-term growth, the recent negative trends and reduced institutional interest suggest that Senco Gold is facing significant challenges in the current market environment.