Why is Sky Industries falling/rising?

As of 22-Aug, Sky Industries Ltd is currently priced at 98.00, reflecting a decrease of 0.8, or 0.81%. The stock has underperformed its sector today by 1.44% and has experienced a consecutive decline over the last two days, totaling a drop of 2.58%. In terms of returns, the stock has shown a 1-week increase of 2.08%, but it has significantly underperformed over the past month and year, with declines of 9.77% and 27.70%, respectively. The company has a Return on Capital Employed (ROCE) of 13.2, indicating an attractive valuation, but its profits have decreased by 1.8% over the past year, contributing to the stock's negative performance. Additionally, the stock's delivery volume has fallen sharply, indicating reduced investor participation.
In the broader market context, while the Sensex has gained 0.88% over the past week, Sky Industries has lagged behind with its 1-week return. The stock's long-term fundamentals appear weak, with a 10.46% CAGR growth in net sales over the last five years and a low average Return on Equity of 9.55%. The company's recent financial results have been disappointing, with net sales falling by 8.5% compared to the previous quarter's average, which has further impacted investor sentiment. Overall, the stock's significant underperformance relative to the market and its declining financial metrics contribute to its current downward price movement.