Why is Machino Plastics falling/rising?

As of 29-Jul, Machino Plastics Ltd's stock price is currently at Rs 251.10, reflecting a decline of Rs 9.9 or 3.79%. The stock has underperformed its sector by 5.27% today, reaching an intraday low of Rs 251.10. Additionally, the stock has shown a negative return of 4.89% over the past week and 3.42% over the past month, while it has a year-to-date return of 3.25%. Despite a significant increase in profits, with a 132% rise over the past year, the stock has generated a return of -23.11% in the same period. The falling investor participation, indicated by a 38.04% drop in delivery volume compared to the five-day average, may also be contributing to the stock's downward movement.
In the broader market context, the Sensex has only declined by 1.03% over the past week, suggesting that Machino Plastics is underperforming relative to the benchmark. While the stock has shown impressive long-term growth, with a 148.61% increase over three years and a 344.03% increase over five years, the recent short-term performance contrasts sharply with the benchmark's more stable returns. The stock's current valuation appears attractive, trading at a discount compared to peers, but the recent negative price movement and declining investor interest may overshadow these positive fundamentals.