Why is Somany Ceramics falling/rising?

As of 12-Aug, Somany Ceramics Ltd is currently priced at Rs 527.00, reflecting an increase of Rs 2.55 or 0.49%. The stock has shown some positive movement today, outperforming its sector by 2.61% and reaching an intraday high of Rs 537.95. However, over the past week, the stock has declined by 0.99%, and its performance over the last month has been significantly negative at -7.48%. Despite the current uptick, the stock has faced a substantial decline of 26.78% over the past year, with profits falling by 37.8%. The company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.37 times, and it has a high institutional holding of 24.4%, which may provide some stability. Nevertheless, the stock is trading at a discount compared to its peers, indicating potential undervaluation, but the overall negative return trend raises concerns.
In the broader market context, the Sensex has experienced a decline of 0.59% over the past week, which is less severe than Somany Ceramics' own decline. The ceramics sector has also faced a downturn, falling by 2.12%, which may contribute to the stock's struggles. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume by 57.15% against the five-day average suggests waning investor interest. Overall, while there are some positive indicators for Somany Ceramics, the broader market conditions and its recent performance relative to benchmarks indicate challenges that may be influencing its stock price movement.