Why is Manoj Vaibhav falling/rising?

As of 29-Jul, Manoj Vaibhav Gems N Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 208.90, reflecting a decrease of Rs 4.2 or 1.97%. The stock has underperformed its sector by 1.65% today and has been on a downward trend for the past three days, accumulating a total loss of 6.82%. Additionally, the stock has shown negative returns over various periods, including a 7.57% decline over the past week and a 10.63% drop over the past month. Despite these challenges, the company reported positive financial results in March 2025, with significant increases in operating profit and net sales, indicating a strong operational performance that contrasts with its stock price decline.
Broader market context shows that while the Sensex has only decreased by 1.03% over the past week, Manoj Vaibhav's performance has been significantly worse, highlighting its struggles in the current market environment. The stock's year-to-date performance is particularly concerning, with a drop of 25.65% compared to the Sensex's gain of 4.09%. Despite the negative price movement, the company has a favorable valuation with a PEG ratio of 0.4 and a return on capital employed (ROCE) of 14.4, suggesting that while the stock is currently underperforming, its fundamentals may still support a potential recovery in the future.