Why is Standard Inds. falling/rising?

As of 25-Sep, Standard Industries Ltd's stock price is currently at 19.10, reflecting an increase of 0.08 or 0.42%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 2.55%. However, it has underperformed the benchmark over the past week with a return of -1.29% compared to the Sensex's -2.23%. Despite a positive quarterly performance with a significant growth in net sales and a low debt-to-equity ratio, the stock has faced challenges, including a negative EBITDA and a substantial decline in profits over the past year, which has contributed to its long-term underperformance.
In the broader market context, the stock's recent performance contrasts with the benchmark's returns, as it has generated a -31.22% return over the past year, while the Sensex has increased by 3.87% year-to-date. The trading activity has also seen a decline, with a notable drop in delivery volume, indicating falling investor participation. While high institutional holdings suggest some confidence in the stock's fundamentals, the consistent underperformance against the benchmark over the last three years raises concerns about its growth potential, contributing to the overall cautious sentiment surrounding the stock.