Why is MIRC Electronics falling/rising?

As of 11-Sep, MIRC Electronics Ltd is currently priced at 28.81, reflecting a decrease of 0.79, or 2.67%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 3.19%. Despite this short-term drop, MIRC Electronics has shown strong performance over longer periods, with a 1-month return of 17.50% and a year-to-date return of 20.04%. However, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a 38.17% decline in net sales and negative results over the last three quarters. These factors contribute to the stock's current downward movement.
In the broader market context, MIRC Electronics has outperformed the benchmark Sensex in the short term, with a 1-week return of 1.95% compared to the Sensex's 1.03%. However, the stock's recent performance is concerning due to falling investor participation, as indicated by a 10.41% drop in delivery volume. While the stock has historically generated returns that beat the market over the long term, the current operating losses and negative EBITDA signal potential risks that may be influencing investor sentiment and leading to the recent price decline.