Why is Sheela Foam falling/rising?

As of 19-Sep, Sheela Foam Ltd. is experiencing a decline in its stock price, currently at Rs 680.45, which reflects a decrease of Rs 13.55 or 1.95%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.79% during this period. It has also touched an intraday low of Rs 676.8. In terms of performance against benchmarks, the stock has shown a significant underperformance over various periods, including a 31.46% decline year-to-date and a 26.93% drop over the past year. The company's financial health is concerning, with negative results reported for the last eight consecutive quarters and a substantial profit decline of 56%, which contributes to the stock's downward trend.
In the broader market context, Sheela Foam's recent performance contrasts sharply with the Sensex, which has gained 0.88% over the past week. The stock's poor returns highlight a consistent underperformance against the benchmark over the last three years. Additionally, while the company has a low debt-to-equity ratio and high institutional holdings, these factors are overshadowed by its declining operating profits and the reliance on non-operating income, which constitutes a significant portion of its profit before tax. This combination of negative financial indicators and poor market performance suggests a challenging outlook for the stock, leading to its current decline.