Why is Deco-Mica falling/rising?

As of 17-Jul, Deco-Mica Ltd's stock is currently priced at 75.76, reflecting a decline of 8.14, or 9.7%. The stock has been underperforming, having lost 9.8% over the last two days and opened with a significant loss of 5.72% today. It has also touched an intraday low of Rs 75, indicating high volatility with an intraday fluctuation of 8.54%. Over the past year, the stock has generated a return of -26.45%, while its profits have decreased by 16%. Despite having a relatively attractive valuation with a Return on Capital Employed (ROCE) of 11.4 and trading at a discount compared to peers, the stock's weak long-term fundamentals, including a high Debt to EBITDA ratio of 3.61 and low profitability per unit of shareholder funds, have contributed to its recent decline.
In the broader market context, Deco-Mica's short-term performance has been unfavorable compared to the benchmark Sensex, which has seen a slight decline of 1.12% over the past week, while Deco-Mica has gained 1.68%. However, over the last month, Deco-Mica has underperformed with a return of -5.29%, contrasting with the Sensex's positive return of 0.83%. The stock's significant underperformance over the past year, alongside a lack of investor participation indicated by a drastic drop in delivery volume, suggests that market sentiment remains negative, further exacerbating its price decline.