Why is Sterling Tools falling/rising?

As of 04-Aug, Sterling Tools Ltd. is experiencing a decline in its stock price, currently at Rs 331.00, which reflects a decrease of Rs 9.2 or 2.7%. The stock has underperformed its sector by 1.71% today and has been on a downward trend for the last three days, accumulating a total loss of 5.25% during this period. Additionally, the stock's performance over the past week shows a decline of 5.98%, and it has fallen 7.19% over the past month. The company has also seen a significant drop in delivery volume, which has decreased by 56.29% compared to the five-day average, indicating a lack of investor interest. Furthermore, the stock is trading below all major moving averages, suggesting a bearish trend. While the company has a low Debt to EBITDA ratio and an attractive valuation, its recent financial performance, including a 45.8% drop in PAT for the quarter and the lowest net sales figures, raises concerns about its growth prospects.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Sterling Tools' significant decline. Over the past year, while the market has generated negative returns of 2.34%, Sterling Tools has underperformed substantially with a return of -13.80%. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 2.57% in the last quarter, indicating a lack of confidence from more knowledgeable investors. Overall, the combination of poor short-term performance, declining investor interest, and disappointing financial results contributes to the stock's downward trajectory.