Why is Mamata Machinery falling/rising?

As of 22-Sep, Mamata Machinery Ltd is experiencing a decline in its stock price, currently at Rs 480.35, which reflects a decrease of Rs 18.8 or 3.77%. Today's price summary indicates that the stock has underperformed its sector by 3.21% and has fallen after three consecutive days of gains, touching an intraday low of Rs 476.95. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock's recent performance is overshadowed by disappointing quarterly results, including a significant drop in net sales and profits compared to previous quarters. Additionally, there has been a decrease in institutional investor participation, which may contribute to negative sentiment surrounding the stock.
In the broader market context, Mamata Machinery's short-term performance over the past week shows a gain of 4.40%, which is significantly higher than the Sensex's increase of 0.46%. However, the year-to-date performance reveals a stark contrast, with the stock down 15.52% compared to the Sensex's gain of 5.15%. This divergence suggests that while there may be some short-term optimism, the overall trend for Mamata Machinery is concerning, particularly given its high valuation metrics and declining institutional interest, which could deter potential investors.