Why is Innovative Tech falling/rising?

As of 21-Aug, Innovative Tech Pack Ltd's stock price is currently at 23.30, reflecting a decrease of 0.06, or 0.26%. The stock has been underperforming, having lost 11.37% over the last five days, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has generated a return of -42.21% over the past year, with profits falling by 108.7%. Despite an attractive valuation indicated by a return on capital employed (ROCE) of 11 and a low enterprise value to capital employed ratio of 1.2, the company's weak long-term fundamentals, including a -19.73% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 0.62, contribute to its declining stock price.
In the broader market context, the stock's performance has significantly lagged behind the benchmark, with a 1-week return of -8.98% compared to the Sensex's gain of 1.74%. This underperformance is indicative of the stock's struggles in both short-term and long-term scenarios, as it has consistently fallen behind the BSE500 over various periods. While there has been a rise in investor participation, as evidenced by a 103.82% increase in delivery volume, the overall sentiment remains negative due to the company's inability to generate substantial returns and its flat quarterly results, further reinforcing the stock's downward trajectory.