Why is Sikko Industries falling/rising?

As of 27-Jun, Sikko Industries Ltd is experiencing a decline in its stock price, currently at 77.44, reflecting a decrease of 1.79 or 2.26%. The stock has underperformed its sector today by 4.67%, and it is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.09%, while its year-to-date performance shows a significant drop of 28.33%. Despite a modest increase in profits of 5.2% over the past year, the stock has generated a negative return of 17.52%, highlighting its struggles in comparison to the broader market. Additionally, the delivery volume has fallen sharply by 56% against the 5-day average, suggesting reduced investor interest.
In the broader market context, the Sensex has shown a positive return of 2.09% over the past week and 8.43% year-to-date, contrasting sharply with Sikko Industries' performance. While institutional investors have increased their stake in the company by 4.13%, indicating some confidence in its fundamentals, the overall sentiment remains cautious due to the company's poor long-term growth prospects and disappointing quarterly results. The stock's low Debt to EBITDA ratio and fair valuation relative to peers may provide some support, but the persistent underperformance against the market and declining investor participation are significant factors contributing to its current downward trajectory.