Why is Maha Rashtra Apx falling/rising?

As of 10-Jul, Maha Rashtra Apex Corporation Ltd is currently priced at 110.91, with no change in price (0.00%). The stock has shown a decline of 1.74% over the past week and a significant drop of 25.29% year-to-date. Today's trading performance has been described as inline with the sector, but the stock has experienced erratic trading, having not traded on one day out of the last 20. Additionally, it is trading below all key moving averages, indicating a bearish trend. The delivery volume has also decreased by 10.14% compared to the 5-day average, suggesting falling investor participation. Despite having strong long-term fundamental strength with an average Return on Equity (ROE) of 19.94%, the stock's valuation remains attractive with a Price to Book Value of 0.3. However, it has faced negative results, with profits plummeting by 96.9% over the past year, contributing to its poor performance.
In the broader market context, the stock has underperformed compared to the Sensex, which has gained 7.23% year-to-date, while Maha Rashtra Apex has lost 25.29%. The stock's performance over the past year shows a decline of 35.57%, which is significantly worse than the benchmark's 4.24% gain. This underperformance is further highlighted by the stock's negative returns over various periods, including a 4.25% decline over the past month and a 36.42% increase over the last three years, which is still lower than the Sensex's 56.32% rise. Overall, the combination of declining investor interest, poor recent financial results, and significant underperformance against the benchmark has led to a negative sentiment surrounding the stock.