Why is Maan Aluminium falling/rising?

As of 14-Jul, Maan Aluminium Ltd's stock price is currently at 118.25, reflecting a decrease of 1.75, or 1.46%. The stock has underperformed its sector by 0.92% today, and while it is trading above its 50-day and 100-day moving averages, it is below its 5-day, 20-day, and 200-day moving averages. Over the past week, the stock has declined by 1.50%, and it has seen a significant drop of 10.28% over the last month. The company's net sales growth has been modest at an annual rate of 9.10%, but its operating profit has only grown by 14.58% over the last five years. Additionally, the stock has generated a return of -16.43% over the past year, with a notable decline in profits of -52.6%, which has contributed to its negative performance.
In the broader market context, the stock's recent performance has been weaker compared to the benchmark, as it has underperformed the BSE500, which has generated returns of 0.26% in the last year. This underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation and business prospects. The stock's expensive valuation, with a return on capital employed (ROCE) of 13.4 and a high enterprise value to capital employed ratio of 3.3, suggests that investors may be cautious. Overall, the combination of poor long-term growth, significant profit declines, and lack of institutional support has contributed to the stock's downward movement.