Why is Deco-Mica falling/rising?

As of 25-Jul, Deco-Mica Ltd's stock is currently priced at 75.55, reflecting a decline of 6.45 points or 7.87%. The stock has underperformed its sector by 7.01% today and has been on a downward trend for the last two days, accumulating a total loss of 8.99% during this period. It opened significantly lower, with a loss of 6.46%, and reached an intraday low of Rs 73.25, marking a drop of 10.67%. Over the past year, the stock has seen a substantial decline of 23.69%, coinciding with a 16% decrease in profits. Despite its attractive valuation indicated by a ROCE of 11.4 and trading at a discount to peers, the stock's performance has been hindered by falling investor participation, as evidenced by a dramatic drop in delivery volume.
In the broader market context, Deco-Mica's short-term performance has been notably poor compared to the Sensex, which has only declined by 0.36% over the past week. While the stock has shown impressive long-term gains over three and five years, recent trends indicate a significant divergence from the benchmark, with Deco-Mica's year-to-date return at -6.73% compared to the Sensex's positive return of 4.25%. This stark contrast highlights the stock's struggles in the current market environment, further exacerbated by high volatility and a lack of liquidity, which may deter potential investors.