Why is Somany Ceramics falling/rising?

As of 24-Sep, Somany Ceramics Ltd is experiencing a decline in its stock price, currently at 466.70, which reflects a decrease of 7.05 or 1.49%. The stock has underperformed its sector by 2.85% today and has been on a downward trend, losing 4.03% over the last three days. It is trading below all key moving averages, indicating weak momentum. Furthermore, the stock has generated a return of -35.36% over the past year, with profits also falling by 35.2%. The company has reported negative results for the last five consecutive quarters, contributing to investor concerns, despite having a strong ability to service debt and healthy long-term growth in operating profit.
In the broader market context, the Sensex has shown a slight decline of 1.18% over the past week, while Somany Ceramics has dropped by 3.77%, indicating that the stock is underperforming relative to the benchmark. This underperformance is consistent with its negative returns over the last month and year, where it has lagged behind the BSE500. The high institutional holdings at 24.4% suggest that more informed investors are also cautious, reflecting the stock's below-par performance in both the near and long term. Overall, the combination of poor financial results and declining investor participation has led to the stock's recent downward movement.