Why is Metro Brands falling/rising?

As of 23-Jul, Metro Brands Ltd's stock price is currently at Rs 1,210.90, reflecting a decline of Rs 37.9 or 3.03%. Today's performance indicates that the stock has underperformed its sector by 3.23%, with an intraday low of Rs 1,205.9, marking a decrease of 3.44%. Despite this decline, the stock has shown positive returns over the past week and month, with increases of 3.37% and 5.01%, respectively. However, the year-to-date performance is flat at 0.07%, and the one-year return is down by 9.79%. The company benefits from high management efficiency, demonstrated by a return on capital employed (ROCE) of 23.72%, and a low debt to EBITDA ratio of 0.52 times, indicating a strong ability to service its debt. These factors contribute positively to the stock's fundamentals, yet the recent drop in delivery volume by 31.08% against the five-day average suggests a decrease in investor participation, which may be influencing the current price decline.
In the broader market context, Metro Brands' short-term performance has outpaced the benchmark Sensex over the past week and month, with the Sensex showing minimal gains of 0.11% and 1.01%, respectively. However, the stock's year-to-date performance lags behind the Sensex, which has increased by 5.87% during the same period. This disparity highlights a potential concern for investors, as the stock's recent struggles may not align with the overall market trends. Despite being the largest company in its sector, constituting 27.45% of the industry, the combination of declining investor interest and underperformance relative to the benchmark could be contributing to the stock's current downward trajectory.