Why is ITI falling/rising?

As of 15-Oct, ITI Ltd's stock price is currently at 324.50, reflecting a decline of 3.35 points or 1.02%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.74% during this period. Additionally, the stock's performance today has underperformed its sector by 2.27%. Despite positive results over the last five quarters, including a significant growth in net sales, the company is facing challenges such as operating losses and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength. The stock's liquidity is adequate for trading, but a notable decrease in delivery volume indicates falling investor participation.
In the broader market context, ITI's short-term performance has been notably poor, with a 1-week return of -8.93%, contrasting sharply with the Sensex, which has gained 1.02% in the same period. While the stock has shown strong long-term performance, generating a 32.45% return over the past year, its recent struggles and the lack of confidence from domestic mutual funds, which hold only a minimal stake, suggest that investors may be wary of its current valuation and business fundamentals. This combination of factors has led to the stock's recent decline amidst a generally positive market backdrop.