Why is Macpower CNC falling/rising?

As of 24-Sep, Macpower CNC Machines Ltd is currently priced at 870.10, reflecting a slight increase of 0.5 (0.06%). The stock has outperformed its sector today by 1.35%, although it has shown a decline of 2.84% over the past week. While the stock's performance over the last month is positive at +5.52%, it has significantly underperformed year-to-date with a drop of 42.20%. The company has a low debt-to-equity ratio, indicating financial stability, and has experienced healthy long-term growth with an annual operating profit increase of 37.86%. However, the stock's valuation appears expensive with a price-to-book ratio of 6.1, and it has underperformed the market over the past year, which may contribute to investor caution.
Broader market context shows that while the Sensex has declined by only 1.08% in the past week, Macpower CNC's performance has been notably worse, suggesting a lack of investor confidence. The stock's year-on-year return of -34.29% starkly contrasts with the broader market's decline of just -3.41%, indicating that investors may be wary of its flat results and low domestic mutual fund interest, which stands at 0%. This lack of institutional backing could signal to retail investors that the stock may not be a favorable investment at its current price, further contributing to its recent price movements.