Why is Mamata Machinery falling/rising?

As of 04-Aug, Mamata Machinery Ltd's stock price is currently at Rs 470.15, reflecting a decrease of Rs 15.65 or 3.22%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.63% during this period. Today's trading saw the stock touch an intraday low of Rs 465, and the volume traded was closer to this low price, indicating weaker investor interest. Additionally, the stock's performance over the past week shows a decline of 6.93%, while it has gained 13.98% over the past month. Despite the recent downturn, the company has demonstrated strong long-term growth, with a significant increase in net profit and operating profit in recent quarters, suggesting underlying financial health.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Mamata Machinery's decline, indicating that the stock is not only underperforming its sector but also the overall market. The company's low debt-to-equity ratio and impressive growth rates in operating profit and net sales suggest potential for recovery; however, the current negative momentum and falling investor participation may be contributing to the stock's recent price decline. Overall, while the company has strong fundamentals, the immediate market sentiment appears to be weighing heavily on its stock price.