Why is Makers Labs. falling/rising?

As of 24-Sep, Makers Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 136.75, which reflects a decrease of Rs 1.45 or 1.05%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.56% during this period. Today's trading saw the stock reach an intraday high of Rs 141.7 but also dip to a low of Rs 129.25. Additionally, it is trading below all key moving averages, indicating a bearish trend. Despite a significant increase in profits over the past year, the stock has generated a negative return of 9.14%, and its long-term fundamentals are weak, with a declining CAGR in operating profits and low profitability per unit of shareholders' funds.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.01% compared to the Sensex's -1.18%. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 70.94% decrease in delivery volume against the 5-day average. While the stock is trading at a discount compared to its peers and has a favorable valuation, the overall sentiment remains negative due to its flat results and poor long-term performance, leading to a cautious outlook among investors.