Why is MIC Electronics falling/rising?

As of 09-Jul, MIC Electronics Ltd is experiencing a decline in its stock price, currently at Rs 51.93, which reflects a decrease of -0.12 (-0.23%). The stock has been underperforming, with a consecutive fall over the last five days, resulting in a total decline of -3.85% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has also seen a significant drop in investor participation, with delivery volume falling by -53.14% compared to the 5-day average. Over the past year, the stock has generated a return of -42.00%, while its profits have decreased by -84.8%, indicating weak long-term fundamentals and a high Debt to EBITDA ratio of 3.45 times, which further contributes to its negative performance.
In the broader market context, the Sensex has shown a slight increase of +0.15% over the past week, contrasting sharply with MIC Electronics' -3.85% return during the same timeframe. This underperformance is indicative of the stock's struggles, especially as it has lagged behind the market significantly over the past year, where the benchmark has returned +1.43%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating its challenges in attracting investor interest amidst a generally stable market environment.