Why is Mirza Internatio falling/rising?

As of 17-Jul, Mirza International Ltd's stock price is currently at 32.80, reflecting a decrease of 0.3, or 0.91%. The stock has underperformed its sector by 1.87% today, and its delivery volume has significantly dropped by 44.13% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 5.48%, while it has shown a modest gain of 8.61% over the past month. However, the stock has experienced a substantial decline of 28.73% over the past year, with negative operating profit growth and a low return on equity of 7.04%. The company's financial health is further questioned due to a significant drop in net sales and a drastic fall in profit before tax, leading to a perception of weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has only decreased by 1.12% over the past week and has generated a positive return of 5.27% year-to-date. This underperformance highlights the stock's struggles relative to the market, particularly as it has generated negative returns of 28.73% over the past year while the broader market has remained relatively stable. The stock's high valuation compared to its peers, combined with declining profitability and negative growth indicators, suggests that investors are cautious, contributing to the current downward trend in its price.