Why is Stratmont Indus. falling/rising?

As of 23-Jun, Stratmont Industries Ltd is experiencing a decline in its stock price, currently at Rs 73.62, reflecting a decrease of 1.5 or 2.0%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total drop of 11.38% during this period. Today, it opened with a loss of 2% and has not traded outside this price point. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. While the company has shown high management efficiency and healthy long-term growth in net sales, recent flat results and a significant drop in quarterly net sales by 32.49% have raised concerns about its valuation, contributing to the stock's downward trend.
In the broader market context, the stock's performance over the past week shows a decline of 9.57%, while the Sensex has seen a slight increase of 0.12%. This stark contrast highlights the stock's underperformance relative to the benchmark. Despite a strong annual return of 81.55%, the recent decline suggests that investor sentiment may be shifting due to the company's disappointing quarterly results and falling investor participation, as evidenced by a 14.88% drop in delivery volume. The high institutional holdings indicate that more sophisticated investors are closely monitoring the company's fundamentals, which may further influence the stock's price movement in the near term.