Why is Mittal Life Styl falling/rising?

As of 15-Jul, Mittal Life Style Ltd's stock price is currently at 1.71, reflecting a decrease of 0.02, or 1.16%. The stock has underperformed its sector today by 2.34%, with a delivery volume that has fallen by 42.74% compared to the 5-day average. Over the past week, the stock has declined by 2.84%, while it has shown a more positive trend over the past month with a return of 12.50%. Despite a significant profit increase of 173% over the last year, the stock has generated a negative return of 23.32%, indicating weak long-term fundamental strength with a declining Return on Equity (ROE) of 2.29% and a poor EBIT to Interest ratio of 1.05. Additionally, the promoters have reduced their stake by 2.64%, which may signal a lack of confidence in the company's future prospects.
In the broader market context, Mittal Life Style Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.28% over the past week. The stock's long-term performance has been notably poor, with a year-to-date return of -29.63% compared to the Sensex's positive 6.56%. This underperformance is further highlighted by its negative returns over 1 year and 5 years, where it has lagged behind the BSE500 index. The combination of weak investor participation, declining promoter confidence, and subpar long-term growth prospects contributes to the stock's downward trajectory.