Why is Sheela Foam falling/rising?

As of 18-Aug, Sheela Foam Ltd. is experiencing a price increase, currently at Rs 682.75, reflecting a rise of Rs 11.4 or 1.7%. Despite this uptick, the stock has underperformed its sector by 2.84% today. It reached an intraday high of Rs 692.9, indicating some volatility. Over the past week, the stock has shown a modest gain of 1.75%, but it has significantly lagged behind the benchmark Sensex, which has increased by 0.83%. The stock's performance over the last year has been poor, with a return of -24.46%, and it has consistently underperformed against the benchmark over the last three years. Factors contributing to this situation include a low Debt to Equity ratio of 0.24, a very attractive valuation with a ROCE of 1.7, and high institutional holdings at 25.75%. However, the company has faced negative results for the last eight consecutive quarters, with a significant drop in profits and operating income, which raises concerns about its long-term growth prospects.
In the broader market context, while Sheela Foam's stock has risen slightly today, it has underperformed the consumer durables sector, which has gained 4.47%. The stock's recent performance contrasts sharply with the benchmark, as it has generated negative returns over the past year and three years, indicating a consistent struggle to keep pace with market trends. The falling investor participation, evidenced by a 65.03% drop in delivery volume, further suggests a lack of confidence among retail investors. Overall, while there is a minor uptick in the stock price, the underlying fundamentals and market conditions indicate significant challenges ahead for Sheela Foam Ltd.