Why is Deco-Mica falling/rising?

As of 01-Aug, Deco-Mica Ltd's stock price is currently at Rs 75.90, reflecting an increase of Rs 1.32 or 1.77%. Today's price summary indicates that the stock outperformed its sector by 1.44%, reaching an intraday high of Rs 80, which is a 7.27% increase, while it also touched a low of Rs 73, representing a decline of 2.12%. Over the past week, the stock has shown a modest gain of 0.46%, but it has experienced a significant decline of 25.41% over the past year, which is considerably worse than the broader market's performance. Despite a very attractive valuation with a return on capital employed (ROCE) of 11.4% and trading at a discount compared to peers, the stock's profitability has decreased, with a 16% drop in profits over the past year, contributing to its overall negative performance.
In the broader market context, Deco-Mica's short-term performance has been relatively better than the Sensex, which has declined by 1.06% over the past week. However, the stock's year-to-date performance is notably poor, with a decline of 6.30%, contrasting with the Sensex's gain of 3.15%. The company faces challenges such as a high debt-to-EBITDA ratio of 3.61 times and a low return on equity of 8.04%, indicating weak long-term fundamental strength. Additionally, the falling investor participation, as evidenced by a 16.34% drop in delivery volume, suggests a lack of confidence among investors, further impacting the stock's price movement.