Why is Singer India falling/rising?

As of 21-Jul, Singer India Ltd's stock price is currently at 65.80, reflecting a decrease of 0.21, or 0.32%. The stock has shown a negative performance trend, with a 1-week return of -1.82% and a 1-month return of -8.99%. Today's price summary indicates that while the stock outperformed its sector by 0.82%, it is trading below several moving averages, specifically the 5-day, 20-day, 50-day, and 200-day averages, although it remains above the 100-day average. Additionally, there has been a decline in investor participation, with delivery volume falling by 0.24% against the 5-day average. Despite a significant growth in net profit and positive quarterly results, the stock has underperformed over the past year, generating a return of -21.29%, which contrasts sharply with a profit increase of 64.2%.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, indicating a relatively stable market environment. However, Singer India's performance has been notably weaker, particularly in the long term, with a -21.29% return over the last year and a -21.34% CAGR growth in operating profits over the past five years. This underperformance is compounded by the company's low return on equity and the fact that it has lagged behind the BSE500 index in various time frames, suggesting that while there are positive indicators such as profit growth, the overall sentiment and long-term fundamentals are contributing to the stock's downward movement.