Why is Western Carriers falling/rising?

As of 10-Oct, Western Carriers (India) Ltd is experiencing a decline in its stock price, currently at Rs 122.50, which reflects a decrease of Rs 2.95 or 2.35%. The stock has underperformed its sector by 3.04% today and has been on a downward trend for the past three days, accumulating a total loss of 10.22% during this period. Over the last week, the stock has dropped by 5.81%, and it has also shown a significant decline of 11.68% over the past month. The company has reported negative results for the last three consecutive quarters, with a notable drop in profit after tax and operating profit, contributing to a poor long-term growth outlook. Additionally, the stock's return over the past year is -18.22%, which coincides with a 19% decline in profits, indicating a troubling financial performance.
In the broader market context, while the Sensex has gained 1.59% over the past week and 1.32% over the past month, Western Carriers has consistently underperformed against this benchmark, highlighting its struggles in comparison to the overall market. The stock's liquidity remains adequate, with a notable increase in delivery volume, suggesting some investor interest; however, the decline in institutional investor participation, which has decreased by 1.14% in the last quarter, raises concerns about the stock's attractiveness to more sophisticated investors. This combination of poor financial results, declining institutional interest, and consistent underperformance against the benchmark contributes to the stock's current downward trajectory.