Why is SPL Industries falling/rising?

As of 21-Jul, SPL Industries Ltd is currently priced at 42.51, showing no change (0.00%). The stock has demonstrated erratic trading patterns, having not traded on 4 out of the last 20 days, and has a delivery volume that has significantly decreased by 99.4% compared to the 5-day average. While the stock has outperformed its sector by 0.42% today, it has underperformed in the longer term, with a year-to-date return of -29.04% and a one-year return of -30.38%. The company has reported negative results for the last two consecutive quarters, with net sales and operating profit declining significantly, contributing to a poor outlook for long-term growth.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, as the Sensex has generated a positive return of 5.20% year-to-date. Despite a recent 10.70% increase over the past month, the overall trend indicates that SPL Industries has struggled to keep pace with market growth, as evidenced by its substantial underperformance over the past year. The company's low debt-to-equity ratio and fair valuation metrics do not seem to offset the negative sentiment stemming from declining profits and sales, leading to a cautious outlook among investors.