Why is Deco-Mica falling/rising?

As of 10-Jul, Deco-Mica Ltd's stock price is currently at 74.51, reflecting an increase of 0.4 (0.54%). Despite this uptick, the stock has underperformed significantly over the past year, with a return of -24.70% compared to the Sensex's gain of 4.09%. Today's performance indicates that the stock has outperformed its sector by 1.03%, although it has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, the stock's delivery volume has decreased by 9.09% against the 5-day average, suggesting falling investor participation. The company's valuation appears attractive with a Return on Capital Employed (ROCE) of 11.4 and a low enterprise value to capital employed ratio, yet its profits have declined by 16% over the past year, contributing to the stock's negative performance.
In the broader market context, Deco-Mica's short-term performance has been notably poor, with a 1-week return of -6.86% compared to a negligible -0.06% decline in the Sensex. This stark contrast highlights the stock's struggles relative to the market. The company faces challenges such as a high Debt to EBITDA ratio of 3.61 times and a low average Return on Equity of 8.04%, indicating weak long-term fundamental strength. While the stock is trading at a discount to its peers, the overall sentiment remains cautious due to its inability to generate positive returns over the last year, further exacerbating its underperformance against the broader market.