Why is Shankara Build. falling/rising?

As of 19-Nov, Shankara Building Products Ltd is experiencing a decline in its stock price, currently at Rs 123.45, reflecting a decrease of Rs 5.0 or 3.89%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total decline of 11.25% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported a substantial drop in net sales and profits, with a year-on-year profit decline of 33.8%, which has contributed to its negative performance. Despite having a strong ability to service debt and attractive valuations compared to peers, the stock's recent performance is overshadowed by its consistent underperformance against the benchmark indices.
In the broader market context, Shankara Building Products Ltd has underperformed the Sensex, with a 1-week return of -9.16% compared to the Sensex's gain of 0.85%. Over the past year, while the stock has generated a return of -12.09%, the Sensex has increased by 9.81%. This stark contrast highlights the stock's struggles in a generally positive market environment. Furthermore, the decline in delivery volume and liquidity indicates waning investor interest, which may further exacerbate the stock's downward trajectory. Overall, the combination of poor financial results, declining sales, and underperformance relative to the market has led to the stock's current downward trend.