Why is Surya Roshni falling/rising?

As of 13-Aug, Surya Roshni Ltd's stock price is currently at Rs 302.10, reflecting a decline of Rs 15.85 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -5.7% during this period. Today's performance indicates that it underperformed its sector by 5.56%, and it reached an intraday low of Rs 295.2. Over the past week, the stock has decreased by 5.89%, and over the past month, it has dropped by 7.37%. Despite a positive year-to-date return of 1.71%, the stock's recent performance is concerning, particularly given the significant drop in PAT and net sales compared to previous quarters. The company does have a low Debt to EBITDA ratio and an attractive valuation, but these factors seem overshadowed by the recent poor financial results. In the broader market context, the Sensex has remained relatively stable, with only a slight decline of 0.01% over the past week. Surya Roshni's short-term performance starkly contrasts with this benchmark, indicating that the stock is not only underperforming against the market but also against its peers. While there has been an increase in institutional investor participation, which could provide some support, the overall sentiment appears negative due to the company's poor long-term growth prospects and declining financial metrics. This combination of factors contributes to the stock's current downward trajectory.