Why is Mitcon Consult. falling/rising?

As of 07-Nov, Mitcon Consultancy & Engineering Services Ltd is experiencing a decline in its stock price, currently at 69.33, which reflects a decrease of 0.73 or 1.04%. The stock has underperformed its sector today by 0.78%, and its delivery volume has decreased by 0.26% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 6.01%, while it has shown a modest gain of 1.87% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 38.91% and a one-year return of -45.36%. Despite having a relatively attractive valuation with a return on capital employed (ROCE) of 8.7, the company has seen its profits fall by 39%, contributing to a negative sentiment around its stock.
In the broader market context, the Sensex has declined by only 0.89% over the past week, indicating that Mitcon's short-term performance is lagging behind the benchmark. The stock's long-term fundamentals are weak, with a low average ROCE of 7.10% and a high debt-to-EBITDA ratio of 4.81 times, which raises concerns about its ability to service debt. Additionally, the company's net sales growth has been stagnant at an annual rate of 1.17% over the last five years, further exacerbating investor concerns. The high institutional holdings at 24.64% suggest that these investors, who typically have more resources to analyze company fundamentals, are also cautious about the stock's future prospects, reinforcing the negative outlook.