Why is Marine Electric. falling/rising?

As of 01-Aug, Marine Electricals (India) Ltd is experiencing a significant decline in its stock price, currently at 0.00 with a change of -182.48, representing a decrease of 100.0%. Today's price summary indicates that the BSE Small Cap index has also fallen by 1.59%, suggesting a challenging trading environment. While the stock has shown a strong ability to service debt with a low Debt to EBITDA ratio of 1.03 times and has reported healthy long-term growth with a net sales increase of 32.18%, these positive factors are overshadowed by its current price movement. The company has declared very positive results in March 2025, with a net profit growth of 181.91%, but the stock's valuation appears expensive with a ROE of 9.5 and a price to book value of 6, contributing to its downward pressure.
In the broader market context, the stock's performance has been flat over the past year, generating a return of 0.00%, while its profits have risen by 48.3%. However, the stock is trading at a discount compared to its peers' average historical valuations, which may indicate investor hesitation. The absence of stock vs benchmark returns data limits a direct comparison to the broader market performance. Overall, despite the company's strong fundamentals, the combination of high valuation concerns and the current market conditions appears to be driving the stock's decline.