Why is Meghmani Organi. falling/rising?

As of 13-Nov, Meghmani Organics Ltd is experiencing a decline in its stock price, currently at 71.83, reflecting a decrease of 1.09 or 1.49%. The stock has underperformed its sector by 2.99% today and has been on a consecutive downward trend for the last two days, with a total decline of 3.12% during this period. Additionally, the stock has shown poor performance over various time frames, with a 1-week return of -5.12% and a 1-month return of -10.88%. Despite declaring positive results for the last five consecutive quarters, including a significant growth in PAT and net sales, the stock's long-term fundamentals are weak, evidenced by a -18.02% CAGR growth in operating profits over the last five years and a low average return on equity of 6.03%.
In the broader market context, the stock's performance has lagged behind the benchmark, with the Sensex showing a positive return of 1.40% over the past week and 2.61% over the past month. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 0.83% in the last quarter. The stock's liquidity is adequate, but the significant drop in delivery volume by 43.12% against the 5-day average indicates waning investor interest. Overall, while the company has shown some positive financial metrics, the combination of weak long-term fundamentals and declining investor confidence has contributed to the stock's recent downward movement.