Why is Singer India falling/rising?

As of 13-Jun, Singer India Ltd's stock price is currently at Rs 72.51, reflecting a decline of -1.99 (-2.67%). The stock has been underperforming recently, having fallen for two consecutive days, resulting in a total drop of -5.13% during this period. It opened with a significant loss of -4.7% today and reached an intraday low of Rs 71. Despite this, the stock has shown a strong performance over the past month with a return of +17.01%. However, over the last year, it has underperformed significantly, with a return of -17.07%. The company has reported positive financial results, including a 168.21% growth in net profit and record high net sales, but it also faces challenges with a weak long-term fundamental strength indicated by a -21.34% CAGR growth in operating profits over the last five years.
In the broader market context, the Sensex has experienced a decline of -1.30% over the past week, which suggests that the market sentiment is somewhat negative. However, Singer India’s performance has been notably worse, with a weekly return of -6.03%. This underperformance is compounded by the fact that while the stock has generated negative returns over the past year, the broader market has yielded a positive return of +3.05%. The stock's current valuation appears attractive compared to its peers, trading at a discount, but the weak profitability metrics and recent price movements indicate that investor confidence may be waning, contributing to its recent decline.