Why is Sheela Foam falling/rising?

As of 17-Sep, Sheela Foam Ltd. is currently priced at 699.95, reflecting a slight increase of 0.1 (0.01%). The stock has shown a trend reversal, gaining after four consecutive days of decline. However, it has underperformed its sector by 0.41% today. Over the past week, the stock has decreased by 6.06%, while it has gained 4.04% over the last month. Despite this recent uptick, the stock has significantly underperformed over the longer term, with a year-to-date decline of 29.49% and a one-year return of -24.61%. The company maintains a low debt-to-equity ratio of 0.24, and its valuation appears attractive with a return on capital employed (ROCE) of 1.7. However, the stock's profits have fallen by 56% over the past year, and it has declared negative results for the last eight consecutive quarters, which raises concerns about its long-term growth prospects.
In the broader market context, the Sensex has increased by 1.56% over the past week and 2.60% over the past month, indicating that Sheela Foam's short-term performance is lagging behind the benchmark. The stock's consistent underperformance against the benchmark over the last three years, coupled with a significant decline in operating profit at an annual rate of -17.48% over the last five years, suggests that investor sentiment may be cautious. High institutional holdings at 25.75% could provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the overall negative trends in profitability and returns compared to the broader market may contribute to a lack of confidence among retail investors.