Why is Meghmani Organi. falling/rising?

As of 29-Aug, Meghmani Organics Ltd is experiencing a decline in its stock price, currently at 81.88, reflecting a decrease of 0.22 or 0.27%. The stock has been on a downward trend, losing value for the last four consecutive days, with a total return of -5.81% over the past week and -18.32% over the past month. Despite positive financial results in the last four quarters, including a significant growth in profit before tax and net sales, the stock's performance has been hindered by weak long-term fundamental strength, as indicated by a -23.50% CAGR growth in operating profits over the last five years. Additionally, the stock is trading below its moving averages, which suggests a bearish sentiment among investors.
In the broader market context, the stock's recent performance has been notably worse than the benchmark, with a -5.81% return over the past week compared to the Sensex's -1.84%. This consistent underperformance against the benchmark over the last three years, along with a lack of domestic mutual fund investment, indicates a lack of confidence in the stock's future prospects. While the company has shown attractive valuation metrics and a strong profit growth rate, the overall sentiment remains cautious, contributing to the stock's decline in price.