Why is Mayur Uniquoters falling/rising?

As of 16-Sep, Mayur Uniquoters Ltd is experiencing a decline in its stock price, currently at Rs 516.05, reflecting a decrease of Rs 4.4 or 0.85%. The stock opened with a gain of 5.29% today, reaching an intraday high of Rs 548, but has shown high volatility with an intraday fluctuation of 5.34%. Despite this initial surge, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.85% against the 5-day average. Over the past year, the stock has underperformed, generating a return of -16.46%, despite a profit increase of 18%, indicating a disconnect between stock performance and company fundamentals.
In the broader market context, Mayur Uniquoters has underperformed compared to the Sensex, which has gained 1.58% over the past week and 2.21% over the past month. The company's long-term growth prospects appear weak, with net sales and operating profit growth rates of 14.97% and 18.38%, respectively, over the last five years. Furthermore, the stock has consistently underperformed against the benchmark BSE500 over the last three years. While there has been an increase in institutional investor participation, which may provide some support, the overall sentiment remains cautious due to the company's flat quarterly results and low debtor turnover ratio, contributing to the stock's recent decline.