Why is Master Trust falling/rising?

As of 27-Jun, Master Trust Ltd's stock price is currently at 147.00, reflecting a decrease of 1.75, or 1.18%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.97%. Although it opened with a gain of 2.76% today and reached an intraday high of Rs 154, the overall performance has been weak, particularly over the past week and month, with returns of -3.29% and -4.55%, respectively. The stock has also underperformed the sector by 1.27%. Despite showing strong long-term fundamentals, such as a healthy growth rate in net sales and operating profit, recent quarterly results indicate a significant drop in profit after tax and net sales, contributing to the stock's decline.
In the broader market context, Master Trust has significantly underperformed compared to the Sensex, which has gained 2.00% over the past week and 3.07% over the past month. The stock's year-to-date performance shows a decline of 10.01%, while the benchmark has risen by 7.58%. This stark contrast highlights the challenges faced by Master Trust, particularly as domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its current valuation or business prospects. Overall, the combination of recent poor financial results and underperformance relative to the market has led to the stock's downward movement.