Why is Mamata Machinery falling/rising?

As of 17-Sep, Mamata Machinery Ltd's stock price is currently at Rs 467.60, reflecting an increase of Rs 13.5 or 2.97%. Today's performance indicates that the stock has outperformed its sector by 2.47%, reaching an intraday high of Rs 482.6, which is a 6.28% rise. However, the stock has shown a decline of 2.32% over the past week, despite a more favorable return of 15.29% over the past month. The company has a low Debt to Equity ratio at 0.04 times and has experienced healthy long-term growth with an operating profit growth rate of 85.43%. Nonetheless, recent quarterly results have been disappointing, with net sales falling by 39.3% and a significant drop in profit before tax and profit after tax compared to previous quarters. Additionally, there has been a notable decrease in institutional investor participation, which may contribute to the stock's volatility.
In the broader market context, while Mamata Machinery's stock has outperformed its sector today, it has underperformed compared to the benchmark Sensex over the past week, which has gained 1.56%. Year-to-date, the stock has declined by 17.76%, contrasting sharply with the Sensex's increase of 5.83%. The falling participation from institutional investors, who have reduced their stake by 0.84%, suggests a lack of confidence in the company's fundamentals, which could further impact the stock's performance. Overall, while there are positive indicators such as the company's low debt and growth potential, the recent poor financial results and declining institutional interest are significant factors contributing to the stock's current price movement.