Why is Sukhjit Starch falling/rising?

As of 27-Jun, Sukhjit Starch & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 181.55, reflecting a decrease of -0.3 or -0.16%. The stock has underperformed significantly, with a consecutive fall over the last four days resulting in a total decline of -7.96%. It is trading lower than all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.61% away from Rs 175. Over the past year, the stock has generated a return of -20.70%, while its profits have also decreased by -20%. Despite a very attractive valuation based on ROCE and trading at a discount compared to peers, the company's long-term growth prospects appear poor, as evidenced by low net sales growth and negative quarterly results.
In the broader market context, Sukhjit Starch's short-term performance has been notably weaker than the benchmark, with a -5.93% return over the past week compared to a +2.00% gain in the Sensex. This consistent underperformance against the benchmark over the last three years, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence in the stock's future potential. The stock's liquidity is adequate, but the significant drop in investor participation and the negative sentiment surrounding its financial results contribute to its current downward trajectory.