Why is Inv.& Prec.Cast. falling/rising?

As of 30-Jun, Investment & Precision Castings Ltd is experiencing a decline in its stock price, currently at 545.05, which represents a decrease of 19.95 or 3.53%. The stock has underperformed its sector today, falling after two consecutive days of gains. It opened with a loss of 2.48% and reached an intraday low of 542.6, indicating a weak trading session. Despite a strong performance over the past year with an 89.58% return, the company has shown weak long-term fundamental strength, reflected in a low Return on Capital Employed (ROCE) of 9.3 and a high Debt to EBITDA ratio of 3.73 times. Additionally, domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its current valuation.
In the broader market context, the stock has outperformed the Sensex in both the short-term and long-term, with a 4.93% increase over the past week compared to the benchmark's 2.09%. However, the recent price decline suggests that investor sentiment may be shifting, particularly in light of the company's flat results and declining profits over the past year. The stock's liquidity remains adequate for trading, but the falling investor participation, as evidenced by a 22.66% drop in delivery volume, could further contribute to the downward pressure on the stock price.