Why is Atam Valves falling/rising?

As of 25-Jul, Atam Valves Ltd is experiencing a decline in its stock price, currently at Rs 102.10, reflecting a decrease of Rs 2.1 or 2.02%. The stock has underperformed its sector today by 0.61%, touching an intraday low of Rs 100.5, which represents a drop of 3.55%. Over the past week, the stock has decreased by 1.92%, and it has seen a significant decline of 43.23% over the past year. Despite a high return on capital employed (ROCE) of 31.79% and a low debt to EBITDA ratio of 0.56, the company has faced challenges with poor long-term growth, as indicated by a negative annual operating profit growth rate of 4.37% over the last five years. Additionally, net sales have fallen by 6.6% compared to the previous quarter's average, contributing to the stock's negative performance.
In the broader market context, Atam Valves has underperformed the Sensex, which has gained 4.25% year-to-date, while Atam Valves has seen a decline of 24.93% in the same period. The stock's recent performance reflects a broader trend of falling investor participation, with delivery volume decreasing by 30.5% against the five-day average. This lack of liquidity, combined with the stock trading below its moving averages for shorter periods, suggests a bearish sentiment among investors. Overall, the combination of poor recent financial results and underperformance relative to the market has led to the stock's current downward trajectory.