Why is Majestic Auto falling/rising?

As of 24-Sep, Majestic Auto Ltd's stock price is currently at 344.20, reflecting a decrease of 1.8 points or 0.52%. The stock has shown a mixed performance recently, with a 1-week return of -1.66% compared to the Sensex's -1.18%, while it has outperformed the sector by 0.45% today. However, the stock's delivery volume has significantly decreased by 65.49% against the 5-day average, indicating falling investor participation. Additionally, the company has reported weak long-term fundamentals, including a -8.35% CAGR growth in operating profits over the last five years and a low return on equity of 2.59%, which suggests low profitability per unit of shareholders' funds. The stock is also trading at a premium compared to its peers, and its profits have declined by 75.2% over the past year, contributing to its current downward movement.
In the broader market context, while the BSE500 index has experienced a negative return of -5.32% over the past year, Majestic Auto's performance has been significantly worse, with a return of -19.01%. This underperformance highlights the company's struggles relative to the market. Despite a positive short-term sector performance today, the overall weak fundamentals and declining investor interest suggest that the stock's price is likely to continue facing downward pressure. The combination of these factors indicates a challenging environment for Majestic Auto Ltd, leading to its current price decline.