Why is Mitsu Chem Plast falling/rising?

As of 18-Sep, Mitsu Chem Plast Ltd's stock price is currently at Rs 104.70, reflecting a decrease of Rs 3.2 or 2.97%. The stock has underperformed its sector today by 2.32% and has experienced a trend reversal after three consecutive days of gains. It reached an intraday low of Rs 103, which is a decline of 4.54%. Over the past week, the stock has shown a modest gain of 1.90%, but it has significantly underperformed over the longer term, with a 24.89% decline in the past year and a staggering 64.42% drop over the last three years. The company's return on capital employed (ROCE) stands at 10.6, indicating an attractive valuation, but the stock is trading at a discount compared to its peers. However, the company faces challenges with a high Debt to EBITDA ratio of 2.85 times and has seen a 13.1% decline in profits over the past year, contributing to its recent price movement.
In the broader market context, the stock's performance over the past week has slightly outpaced the benchmark Sensex, which rose by 1.80%. However, the stock's longer-term performance has been disappointing, with a 7.02% decline over the past month compared to a 2.14% increase in the Sensex. This consistent underperformance against the benchmark, combined with the company's low ability to service debt and poor long-term growth prospects, has likely contributed to investor sentiment that is weighing down the stock price.