Why is MIC Electronics falling/rising?

As of 08-Jul, MIC Electronics Ltd's stock price is currently at Rs 52.05, reflecting a decrease of -0.18, or -0.34%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a -3.63% return over the past week. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company is close to its 52-week low, being only 4.9% away from Rs 49.5. Additionally, the stock has underperformed significantly over the past year, with a return of -41.59%, while its profits have plummeted by -84.8%. The weak long-term fundamentals, indicated by a low Return on Capital Employed (ROCE) of 5.02% and a high Debt to EBITDA ratio of 3.45 times, further contribute to the negative sentiment surrounding the stock.
In the broader market context, the Sensex has shown a slight increase of +0.02% over the past week, contrasting with MIC Electronics' decline. This underperformance is notable as the stock has generated negative returns of -41.59% over the past year, while the broader market has yielded a positive return of 1.98%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating the stock's decline. Overall, the combination of poor financial performance, weak investor participation, and unfavorable comparisons to the market has led to the stock's current downward trajectory.