Why is Deco-Mica falling/rising?

As of 17-Sep, Deco-Mica Ltd's stock price is currently at 75.10, showing no change (0.00%). The stock has experienced a decline of 6.88% over the past week and a year-to-date decrease of 7.28%. Despite a positive return of 6.52% over the last month, the stock's performance has been erratic, with it not trading on one day out of the last 20. The stock is trading above its 200-day moving average but below its shorter-term moving averages, indicating mixed signals. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 912.71% against the 5-day average. However, the company has faced challenges, including a 13.28% decline in stock value over the past year, alongside a slight decrease in profits of 0.9%.
In the broader market context, Deco-Mica has underperformed compared to the Sensex, which has gained 1.56% over the past week and 5.83% year-to-date. The stock's long-term fundamentals are weak, highlighted by a high Debt to EBITDA ratio of 3.40 times and a low average Return on Equity of 8.68%. These factors contribute to a perception of low profitability and high financial risk, which may deter investors. Despite its attractive valuation metrics, such as a 10.9% ROCE and trading at a discount to peers, the overall sentiment remains cautious due to the company's inability to generate consistent returns and service its debt effectively.