Why is Somany Ceramics falling/rising?

As of 11-Aug, Somany Ceramics Ltd is currently priced at 524.45, reflecting a decrease of 0.5, or 0.1%. The stock has underperformed its sector today by 0.91%, and its delivery volume has significantly dropped by 58.26% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a slight decline of 0.12%, and it has experienced a more substantial decrease of 7.93% over the past month. Despite a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.37 times, the stock's performance has been hindered by a 27.86% decline over the past year, alongside a 37.8% drop in profits. Although it trades at a discount compared to its peers, the overall negative returns may contribute to the stock's recent downward movement.
In the broader market context, the Sensex has declined by 0.51% over the past week, which is slightly worse than Somany Ceramics' performance. However, the stock has underperformed significantly on a year-to-date basis, with a decline of 17.67% compared to the Sensex's increase of 3.15%. This disparity highlights the challenges faced by Somany Ceramics in attracting investor interest, especially given the high institutional holdings of 24.4%, which may suggest that larger investors are cautious about the stock's fundamentals. Overall, the combination of poor recent performance, declining profits, and reduced trading activity contributes to the stock's current downward trend.