Why is Media Matrix falling/rising?

As of 04-Nov, Media Matrix Worldwide Ltd is experiencing a decline in its stock price, currently at 13.02, which reflects a decrease of 0.19 or 1.44%. The stock has shown a strong performance over the past week with a return of 19.34%, outperforming the Sensex, which fell by 1.38%. However, the stock's year-to-date performance is concerning, with a decline of 19.03%, and it has underperformed significantly over the past year, with a drop of 34.57%. Today's price summary indicates that the stock outperformed its sector by 1.61%, but there is a notable decrease in investor participation, as delivery volume has fallen by 23% against the five-day average. Additionally, the company has reported negative financial results, including a 59.24% decline in profit after tax and a 50.5% drop in net sales compared to the previous quarter, which raises concerns about its financial health.
In the broader market context, while Media Matrix has shown a positive return in the short term, its long-term performance remains below par, especially when compared to the BSE500 index, which has shown positive growth over the same periods. The company's low debt-to-equity ratio and healthy long-term growth in operating profit are overshadowed by its recent negative financial results and the lack of investment from domestic mutual funds, indicating a lack of confidence in the stock. The stock's current valuation appears expensive relative to its returns, further contributing to its downward pressure in the market.