Why is Somany Ceramics falling/rising?

As of 12-Sep, Somany Ceramics Ltd is experiencing a price increase, currently trading at Rs 481.50, which reflects a rise of Rs 6.8 or 1.43%. The stock has outperformed its sector today by 1.89%, reaching an intraday high of Rs 486.25. However, despite this short-term gain, the stock has shown a decline of 8.86% over the past month and a significant drop of 24.41% year-to-date. The company has a low Debt to EBITDA ratio of 1.37 times, indicating a strong ability to service debt, and its operating profit has grown at an annual rate of 34.96%. Nevertheless, the stock has faced challenges, including negative results for the last five consecutive quarters, with a 32.53% decline in returns over the past year and a 35.2% fall in profits.
In the broader market context, the stock's short-term performance of +3.53% over the past week outpaces the Sensex's gain of +1.48%. However, the stock has underperformed the benchmark over longer periods, including a -32.53% return in the last year compared to a -1.28% decline in the Sensex. The falling investor participation, as indicated by a 7.83% decrease in delivery volume, may also contribute to the stock's volatility. Despite high institutional holdings at 24.4%, which typically provide stability, the overall negative sentiment stemming from consistent poor financial results and underperformance relative to broader indices suggests caution among investors.