Why is Marsons falling/rising?

As of 28-Oct, Marsons Ltd's stock price is currently at 168.40, reflecting a decrease of 2.7, or 1.58%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a 4.51% decline over the past week. It is trading below all key moving averages, indicating a bearish trend. Despite the company reporting strong long-term growth with a 57.4% increase in net sales and positive results over the last five quarters, it faces challenges due to a high debt-to-equity ratio of 6.12, which raises concerns about its financial stability. The stock's return on capital employed is low at 4.89%, and while profits have increased significantly, the stock has still underperformed the market, generating a return of -32.22% over the past year.
In the broader market context, Marsons Ltd's recent performance contrasts sharply with the Sensex, which has gained 0.24% over the past week and 5.22% over the last month. This underperformance is further highlighted by the fact that while the broader market has shown positive returns, Marsons has struggled significantly, leading to a lack of interest from domestic mutual funds, which hold no stake in the company. The stock's negative trajectory and high valuation metrics, such as a price-to-book value of 23.7, suggest that investors may be cautious about its future prospects, contributing to the ongoing decline in its stock price.