Why is Mishka Exim falling/rising?

As of 23-Sep, Mishka Exim Ltd's stock price is currently at 36.10, reflecting a decrease of 0.97, or 2.62%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.91% during this period. In the past week, the stock has decreased by 3.55%, while it has shown a marginal increase of 1.26% over the past month. Despite some positive quarterly results, including the highest PBDIT and PAT figures, the company faces significant challenges, such as weak long-term fundamental strength indicated by a low Return on Equity (ROE) of 0.82% and a poor EBIT to Interest ratio. Additionally, while promoters have increased their stake, reflecting confidence in the company, the stock's valuation remains high compared to its peers, contributing to its recent price decline.
In the broader market context, Mishka Exim's performance has been notably weaker than the benchmark, with a one-year return of -40.82% compared to the Sensex's -3.33%. This stark contrast highlights the stock's struggles, particularly as it has underperformed the market significantly over the past year, despite the market itself generating negative returns. The stock's recent performance also indicates a lack of investor confidence, as it has underperformed its sector by 1.04% today. While there has been a slight increase in investor participation, the overall sentiment remains cautious due to the company's long-term growth challenges and high valuation metrics.