Why is Birla Precision falling/rising?

As of 16-Jun, Birla Precision Technologies Ltd is experiencing a decline in its stock price, currently at 45.50, which reflects a decrease of 0.65 or 1.41%. The stock has been underperforming, having lost 11.98% over the last three days and showing a weekly decline of 8.17%. Despite a positive monthly return of 13.89%, the stock's year-to-date performance is notably poor at -26.94%. The company's financials indicate a low Debt to Equity ratio of 0.09, but its return on capital employed (ROCE) of 6.3 suggests fair valuation. However, the stock is trading at a premium compared to its peers, and its profits have decreased by 38% over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, the stock has significantly underperformed the Sensex, which has gained 4.68% year-to-date, while Birla Precision has seen a substantial decline. The stock's recent performance has been compounded by falling investor participation, as evidenced by an 18.67% drop in delivery volume compared to the five-day average. Additionally, the stock's performance has lagged behind the market over the past year, with a return of -20.90% compared to the BSE 500's 3.25%. This combination of poor financial results, declining investor interest, and underperformance relative to the benchmark has contributed to the stock's downward trajectory.