Why is Marine Electric. falling/rising?

As of 11-Aug, Marine Electricals (India) Ltd is experiencing a slight decline in its stock price, currently at 172.32, with a change of -0.01 (-0.01%). The stock has underperformed its sector by 0.27% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.67%, and it has seen a significant decline of 14.45% over the past month. Despite a strong ability to service debt and healthy long-term growth in net sales and profits, the stock's performance has been hindered by its expensive valuation and a lack of domestic mutual fund investment, which may indicate a lack of confidence in its current price.
In the broader market context, Marine Electricals has significantly underperformed compared to the benchmark, with a one-year return of -41.69% against the Sensex's modest gain of 0.89%. This stark contrast highlights the stock's struggles despite the overall market's relatively stable performance. The company's negative return over the past year, coupled with the absence of domestic mutual fund interest, suggests that investor sentiment remains cautious, contributing to the stock's downward movement.