Why is Mindteck (India) falling/rising?

As of 18-Sep, Mindteck (India) Ltd's stock price is currently at Rs 212.00, reflecting a decrease of Rs 4.0 or 1.85%. The stock has underperformed its sector today by 2.55%, with an intraday low of Rs 211.2, indicating a downward trend. Over the past week, the stock has seen a decline of 4.33%, while its year-to-date performance shows a significant drop of 28.12%. Despite a healthy long-term growth rate in operating profit of 75.31% and a low debt-to-equity ratio, the stock's recent performance has been hindered by flat results in the latest quarter and a lack of interest from domestic mutual funds, which hold no stake in the company. Additionally, the stock is trading at a premium compared to its peers, and its one-year return of -36.28% starkly contrasts with the market's slight decline of -1.96%.
Broader Market Context: In the context of the broader market, Mindteck's short-term performance has been notably weaker than the benchmark, as evidenced by its 1-week return of -4.33% compared to the Sensex's gain of 1.80%. This underperformance highlights investor concerns regarding the company's valuation and growth prospects, especially given the significant decline in investor participation, with delivery volume dropping by 26.55% against the 5-day average. The combination of these factors suggests that while the company has potential for long-term growth, current market sentiment is negatively impacting its stock price.