Why is Mercury Labs falling/rising?

As of 25-Jul, Mercury Laboratories Ltd's stock price is currently at 863.00, reflecting a decrease of 7.0, or 0.8%. The stock has underperformed its sector today by 0.97%, despite opening with a gain of 2.51% and reaching an intraday high of Rs 891.8. Over the past week, the stock has declined by 2.82%, while it has shown a slight increase of 0.54% over the past month. However, the longer-term performance indicates a troubling trend, with a year-to-date decline of 3.68% and a significant drop of 8.31% over the past year. The company has weak long-term fundamental strength, evidenced by a -0.76% CAGR growth in operating profits over the last five years and a substantial profit decline of 44.5% over the past year, which contributes to the stock's current downward movement. In the broader market context, the Sensex has shown a minor decline of 0.36% over the past week, indicating that the market is relatively stable compared to Mercury Laboratories Ltd's sharper decline. While the stock has experienced increased investor participation, as shown by a 424.51% rise in delivery volume, the overall sentiment remains negative due to the company's weak financial performance and high valuation relative to peers. This combination of underperformance against the benchmark and concerning financial metrics suggests that the stock's recent price movement is primarily influenced by its fundamental weaknesses rather than broader market trends.