Why is Mirza Internatio falling/rising?

As of 29-Jul, Mirza International Ltd's stock price is currently at 33.96, reflecting a decline of 0.49, or 1.42%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 5.14% during this period. In terms of returns, the stock has shown a positive performance over the past week and month, with increases of 2.85% and 5.07%, respectively. However, it has significantly underperformed in the long term, with a year-to-date decline of 10.63% and a staggering 27.74% drop over the past year. The company's weak long-term fundamentals, highlighted by a -44.82% CAGR growth in operating profits over the last five years and a low return on equity of 7.04%, contribute to its current valuation challenges. Additionally, the recent negative financial results, including a substantial fall in net sales and a drastic decline in profit before tax, further exacerbate investor concerns.
In the broader market context, while the stock has shown some resilience in the short term, outperforming the benchmark Sensex over the last week and month, it has still underperformed significantly over the past year, where the Sensex has only declined by 0.02%. The stock's performance today has also lagged behind its sector by 1.74%, indicating a lack of investor confidence. The falling investor participation, as evidenced by a decrease in delivery volume, suggests that market sentiment is shifting negatively. Overall, despite some short-term gains, the long-term outlook remains bleak, leading to the stock's current downward trajectory.