Why is Mittal Life Styl falling/rising?

As of 13-Aug, Mittal Life Style Ltd's stock price is currently at 1.61, reflecting a decrease of 0.01 or 0.62%. The stock has underperformed its sector today by 1.33%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 5.29%, and it has shown a significant drop of 33.74% year-to-date. The company's financial health is concerning, with a weak long-term fundamental strength indicated by a -41.28% CAGR growth in operating profits over the last five years and a low return on equity of 2.20%. Additionally, the promoters have reduced their stake by 0.8%, which may signal a lack of confidence in the company's future prospects.
In the broader market context, the Sensex has increased by 0.18% over the past week, contrasting with Mittal Life Style's decline. This underperformance is evident as the stock has generated a return of -19.90% over the past year, while the Sensex has gained 1.99% in the same period. The company's flat results in June, including the lowest operating profit to net sales ratio and a significant drop in delivery volume, further contribute to the negative sentiment surrounding the stock. Overall, the combination of weak financial indicators, declining promoter confidence, and poor relative performance against the benchmark suggests that Mittal Life Style Ltd is facing significant challenges that are impacting its stock price negatively.