Why is Cubex Tubings falling/rising?

As of 17-Jul, Cubex Tubings Ltd is experiencing a decline in its stock price, currently at Rs 94.30, reflecting a decrease of Rs 2.7 or 2.78%. The stock has underperformed its sector by 3.31% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.83%. It opened with a significant loss of 3.71% and reached an intraday low of Rs 93.4. Additionally, the stock's performance over the past month shows a substantial decline of 13.41%, while year-to-date, it has managed a positive return of 10.94%. Despite the company reporting healthy long-term growth with a 34.98% annual increase in net sales and a 60.35% rise in operating profit, the stock's recent performance has been hampered by poor management efficiency, reflected in a low return on capital employed (ROCE) of 5.00%.
Broader Market Context: In comparison to the benchmark, the stock has underperformed significantly over the last year, generating a negative return of 13.11% while the broader market (BSE500) has seen a slight increase of 0.26%. This underperformance is further highlighted by the stock's recent trading activity, which indicates falling investor participation, with delivery volume dropping by 83.38% against the five-day average. Although the stock is trading at a discount compared to its peers and has shown positive results in recent quarters, the overall market sentiment and the company's declining performance metrics have contributed to its current downward trajectory.