Why is Mayur Uniquoters falling/rising?

As of 22-Sep, Mayur Uniquoters Ltd is experiencing a decline in its stock price, currently at 524.20, which reflects a decrease of 3.2 points or 0.61%. The stock has shown a trend reversal after three consecutive days of gains, and while it is performing inline with its sector today, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.72%, but it has underperformed over the longer term, with a 1-month return of -3.46% and a year-to-date decline of -13.87%. Despite a low debt-to-equity ratio and a fair valuation indicated by a PEG ratio of 0.8, the stock has generated a negative return of -15.61% over the past year, even as profits have risen by 18%. This underperformance, coupled with flat results in the latest quarter, may be contributing to investor sentiment that is cautious about the stock's future growth prospects.
In the broader market context, the Sensex has shown a positive return of 5.15% year-to-date, contrasting sharply with Mayur Uniquoters' significant decline. The stock's recent performance is also reflected in its consistent underperformance against the benchmark over the last three years, which may deter potential investors. While there is increasing participation from institutional investors, who now hold 7.3% of the company, the overall sentiment remains cautious due to the company's poor long-term growth metrics and flat quarterly results. This combination of factors likely contributes to the stock's current downward movement amidst a generally positive market environment.