Why is Axel Polymers falling/rising?

As of 03-Jul, Axel Polymers Ltd is currently priced at 42.65, with no change in price (0.00%). The stock has shown a performance today that is inline with its sector, although it has experienced a decline of 4.86% over the past week. The stock is trading above its 20-day, 50-day, and 100-day moving averages but below its 5-day and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 60.31% against the 5-day average. Despite an attractive valuation indicated by a return on capital employed (ROCE) of 7.1 and a lower trading price compared to peers, the stock has generated a return of -36.19% over the past year, coinciding with a drastic profit decline of 92.4%.
In the broader market context, the Sensex has only decreased by 0.62% over the past week, indicating that Axel Polymers' decline is more pronounced than the overall market. While the stock has shown a positive return of 23.62% over the past month, its long-term performance remains concerning, with a -21.38% return year-to-date and underperformance against the BSE500 over various time frames. The company's high debt levels and weak long-term fundamentals, including a low return on equity and poor sales performance, contribute to a bearish outlook, reinforcing the notion that the stock is not performing well relative to the market and its peers.