Why is Mena Mani Inds. falling/rising?

As of 04-Aug, Mena Mani Industries Ltd is experiencing a decline in its stock price, currently at 8.20, which reflects a decrease of 0.5 or 5.75%. The stock has underperformed its sector by 7.37% today and has shown erratic trading patterns, not trading on 2 out of the last 20 days. Additionally, the stock's performance over the past week is down by 3.42%, while it has seen a positive return of 16.31% over the past month. Despite positive results in the last four consecutive quarters, including higher net sales and profit after tax, the company has a negative book value and weak long-term fundamental strength, which raises concerns among investors. Furthermore, the delivery volume has significantly decreased, indicating falling investor participation.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with Mena Mani Industries Ltd's decline. While the stock has performed well over the past month compared to the benchmark, it has underperformed in the short term, suggesting that investor sentiment may be shifting negatively despite some positive fundamentals. The increase in institutional investor participation, although a positive sign, may not be sufficient to counterbalance the risks associated with the company's negative book value and poor long-term growth prospects.