Why is Standard Inds. falling/rising?

As of 29-Aug, Standard Industries Ltd is experiencing a decline in its stock price, currently at Rs 18.15, reflecting a decrease of Rs 0.85 or 4.47%. The stock has underperformed its sector by 5.1% today and has been on a downward trend for the last two days, with a total drop of 4.57%. It is also trading lower than all its moving averages, indicating a bearish sentiment. Over the past year, the stock has generated a return of -35.64%, significantly underperforming against the benchmark, which has seen a decline of only 2.83%. Despite some positive indicators, such as a notable increase in net sales and a low debt-to-equity ratio, the company faces challenges with negative EBITDA and poor long-term growth, which have contributed to its recent price movement.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week decline of 4.87% compared to the Sensex's drop of 1.84%. This consistent underperformance over the last three years, coupled with a significant fall in profits, has raised concerns among investors. The high institutional holdings at 42.91% suggest that more sophisticated investors are aware of the company's fundamentals, which may be influencing the stock's liquidity and trading activity. Overall, the combination of negative financial indicators and a lack of investor confidence has led to the stock's continued decline.