Why is Mishka Exim falling/rising?

As of 30-Jul, Mishka Exim Ltd is experiencing a decline in its stock price, currently at Rs 38.22, which represents a decrease of 2.01 (-5.0%). The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total decline of 25.8% during this period. Today's performance reflects a gap down opening with a loss of 5%, and the stock has traded flat at this price throughout the day. In terms of returns, the stock has shown a substantial decline of 21.68% over the past week, while it has performed better over the past month with a gain of 37.53%. However, the year-to-date performance remains negative at -27.61%. Positive factors include rising promoter confidence, as they have increased their stake by 3.9%, indicating belief in the company's future. Despite this, the stock's long-term fundamentals are weak, highlighted by a low return on equity (ROE) of 0.82% and poor debt servicing capabilities, which contribute to its current sell-off.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by only 1.50% over the past week, Mishka Exim's performance is notably worse, indicating a significant underperformance relative to the broader market. The stock's liquidity is also a concern, with a drastic drop in delivery volume by 94.09% against the five-day average, suggesting reduced investor interest. While the company reported positive quarterly results, the overall weak long-term growth prospects and high valuation metrics, including a price-to-book ratio of 2.5, further exacerbate the stock's downward trajectory.