Why is Sheela Foam falling/rising?

As of 29-Aug, Sheela Foam Ltd. is experiencing a decline in its stock price, currently at 689.60, which reflects a decrease of 7.45 or 1.07%. The stock has underperformed its sector by 2.75% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.43% during this period. Over the past week, the stock has declined by 1.70%, while it has shown a modest increase of 3.00% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 30.54% and a one-year return of -25.77%. The company has a low Debt to Equity ratio of 0.24, but its profits have fallen by 56% over the past year, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has shown a decline of 1.84% over the past week, indicating that the market is also under pressure, though Sheela Foam's performance has been slightly better in comparison. Despite high institutional holdings at 25.75%, which typically indicate confidence in the company's fundamentals, the stock has consistently underperformed against the benchmark over the last three years. The company has reported negative results for the last eight consecutive quarters, with a significant drop in PAT and a low return on capital employed, further exacerbating investor concerns. This combination of poor long-term growth prospects and recent negative performance metrics has led to the stock's current downward movement.