Why is Metro Brands falling/rising?

As of 22-Sep, Metro Brands Ltd is experiencing a decline in its stock price, currently at Rs 1,274.90, which reflects a decrease of Rs 38.35 or 2.92%. Today's performance indicates that the stock has underperformed its sector by 2.06%, with an intraday low of Rs 1,270, marking a drop of 3.29%. Despite this decline, the stock has shown positive returns over the past week (+2.10%) and month (+10.02%), and it has a strong year-to-date performance (+5.36%). The company benefits from high management efficiency, as evidenced by a return on capital employed (ROCE) of 23.72%, and a low debt to EBITDA ratio of 0.52 times, indicating a solid ability to service its debt. However, the stock's current underperformance may be attributed to a recent increase in trading volume near its low price, suggesting some investor caution.
In the broader market context, Metro Brands' recent performance contrasts with the Sensex, which has only increased by 0.46% over the past week. While the stock has shown resilience with a 42.02% return over the past three years compared to the Sensex's 38.97%, the current decline may reflect short-term market volatility or sector-specific challenges. The stock's liquidity remains adequate for trading, but the recent drop in price and underperformance relative to the sector may be causing some investors to reassess their positions.