Why is Singer India falling/rising?

As of 10-Sep, Singer India Ltd's stock price is currently at Rs 84.00, reflecting a decrease of Rs 2.91 or 3.35%. The stock has underperformed its sector by 3.4% today, following a trend reversal after three consecutive days of gains. It reached an intraday high of Rs 89.35 but fell to a low of Rs 84. The stock has shown strong performance over the past week and month, with returns of 7.90% and 17.50%, respectively, although it has struggled over the past year with a decline of 13.40%. The company's low debt-to-equity ratio is a positive factor; however, its poor long-term growth, indicated by a significant drop in operating profit and net sales, raises concerns. The stock's risk is heightened by negative operating profits and a lack of domestic mutual fund investment, suggesting a lack of confidence in the company's prospects.
In the broader market context, while the Sensex has generated a modest return of 1.06% over the past week, Singer India’s performance has significantly outpaced this benchmark during the same period. However, the stock's year-to-date return of 3.72% lags behind the Sensex's 4.21%, indicating that despite short-term gains, it has not kept pace with the overall market. The stock's underperformance over the past year, with a decline of 13.40% compared to the market's slight drop, further emphasizes the challenges it faces. Overall, the combination of recent price declines, negative financial indicators, and limited institutional interest contributes to the stock's current downward movement.