Why is Shish Industries falling/rising?

As of 19-Aug, Shish Industries Ltd is experiencing a decline in its stock price, currently at Rs 7.26, reflecting a decrease of 0.07 or 0.95%. The stock is trading close to its 52-week low, just 0.83% away from Rs 7.2, and has underperformed its sector by 3.3% today. Over the past week, the stock has dropped by 1.89%, and it has shown a significant decline of 44.58% year-to-date. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 1.19 times, the stock's performance has been hindered by flat results in recent quarters, with a notable 64.47% drop in profit before tax. Additionally, the stock's returns over the past year have been negative at -41.45%, which is compounded by a decrease in investor participation, as evidenced by a 43.59% drop in delivery volume compared to the five-day average.
In the broader market context, Shish Industries' performance has been notably poor compared to the Sensex, which has gained 1.76% over the past week, while the stock has continued to decline. The stock's long-term underperformance is evident as it has lagged behind the BSE500 in returns over the last three years, one year, and three months. The plastic products sector, however, has seen a gain of 2.49%, indicating that the issues faced by Shish Industries are specific to the company rather than the overall market. The combination of declining profits, poor recent performance, and a lack of investor interest has contributed to the stock's downward trajectory.