Why is DDev Plastiks falling/rising?

As of 19-Nov, DDev Plastiks Industries Ltd is experiencing a decline in its stock price, currently at 278.40, which reflects a decrease of 5.0 or 1.76%. The stock has underperformed its sector by 1.62% today and has been on a downward trend for the last two days, accumulating a total loss of 5.35%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In terms of returns, the stock has seen a 4.13% decline over the past week and an 8.07% drop over the past month, while it has generated a modest return of 1.11% year-to-date. Despite a healthy long-term growth rate in operating profit and a low debt-to-equity ratio, the stock's recent performance is hindered by flat results in its latest financial report and a lack of domestic mutual fund investment, which may indicate a lack of confidence in its current valuation.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and 1.47% over the past month, contrasting sharply with DDev Plastiks' negative performance. This divergence highlights the stock's struggles relative to the overall market, suggesting that investor sentiment may be more favorable towards other opportunities. The company's low domestic mutual fund ownership and recent financial results may further contribute to its underperformance, as institutional investors often provide a signal of confidence in a stock's potential. Overall, while the company has strong fundamentals, the current market dynamics and recent performance trends are leading to a decline in its stock price.