Why is Markolines Pavem falling/rising?

As of 24-Sep, Markolines Pavement Technologies Ltd is experiencing a decline in its stock price, currently at Rs 167.30, which reflects a decrease of Rs 3.65 or 2.14%. The stock has underperformed its sector today by 1.84%, touching an intraday low of Rs 166.1. Over the past week, the stock has decreased by 1.44%, and over the past month, it has fallen by 3.80%. Despite a year-to-date increase of 3.78%, the stock has significantly underperformed over the last year with a decline of 24.64%. The company's management efficiency is notable, with a high return on capital employed (ROCE) of 23.26% and a low debt to EBITDA ratio of 1.36 times, indicating a strong ability to service debt. However, the stock's recent performance is hindered by a decrease in investor participation, with delivery volume falling by 5.74% against the 5-day average.
In the broader market context, the Sensex has seen a slight decline of 1.18% over the past week, which indicates that while Markolines is underperforming, the overall market is also facing challenges. The stock's performance over the past year contrasts sharply with the Sensex, which has only declined by 3.77%. This suggests that Markolines is facing specific challenges that are not affecting the broader market to the same extent. The company's attractive valuation, with a PEG ratio of 1.5 and a profit increase of 28% despite the stock's decline, suggests potential for recovery, but current market conditions and declining investor interest are contributing to its falling price.