Why is Uni Abex Alloy falling/rising?

As of 11-Sep, Uni Abex Alloy Products Ltd is experiencing a decline in its stock price, currently at 3,052.00, reflecting a decrease of 47.0 points or 1.52%. The stock has underperformed its sector by 2% today and has been on a consecutive downward trend for the last three days, accumulating a total drop of 3.99%. Over the past week, the stock has decreased by 5.83%, while its year-to-date performance shows a positive return of 12.74%. However, the company has reported a significant decline in its quarterly financials, with net sales falling by 18.8% and profit after tax decreasing by 33.8% compared to the previous four-quarter average. Additionally, the stock is trading at a premium relative to its peers, which may deter potential investors.
In the broader market context, the Sensex has shown a positive return of 1.03% over the past week, contrasting with Uni Abex's negative performance. This divergence suggests that while the overall market is gaining, Uni Abex is struggling, possibly due to its disappointing financial results and low investor confidence, as indicated by the absence of domestic mutual fund holdings. The stock's liquidity remains adequate, but the rising investor participation does not seem to be enough to counterbalance the negative sentiment surrounding its recent earnings performance and valuation concerns.