Why is Marine Electric. falling/rising?

As of 22-Aug, Marine Electricals (India) Ltd is experiencing a decline in its stock price, currently at 171.72, which reflects a decrease of 1.19 or 0.69%. The stock's performance today is in line with its sector, although it is trading higher than its 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.56%, but it has significantly underperformed over the longer term, with a 1-month return of -13.01% and a year-to-date return of -34.82%. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio and a positive year-on-year reduction in raw material costs, the stock has generated a negative return of -32.90% over the past year, even as profits have risen by 45.6%. The lack of domestic mutual fund investment, which stands at 0%, raises concerns about investor confidence in the stock's valuation.
In the broader market context, while the Sensex has shown a modest gain of 0.24% over the past year, Marine Electricals has significantly lagged behind, indicating a lack of investor interest compared to the overall market performance. The stock's substantial decline relative to the benchmark, coupled with its negative returns over various periods, suggests that investors may be cautious about its future prospects despite some positive financial indicators. The company's underperformance in the last year, especially against a backdrop of a market that has only slightly declined, highlights the challenges it faces in regaining investor confidence and improving its market position.