Why is Mittal Life Styl falling/rising?

As of 05-Sep, Mittal Life Style Ltd's stock price is currently at 1.58, reflecting a decrease of 0.01, or 0.63%. The stock has underperformed its sector by 1.16% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has declined by 1.86%, and it has experienced a significant drop of 34.98% year-to-date. The company's weak long-term fundamental strength is highlighted by a -41.28% CAGR growth in operating profits over the last five years, a poor EBIT to interest ratio of 1.06, and a low return on equity of 2.20%. Additionally, the promoters have reduced their stake in the company by 0.8%, indicating a lack of confidence in its future prospects.
Broader Market Context: In comparison to the broader market, represented by the Sensex, which has gained 1.29% over the past week, Mittal Life Style Ltd's performance has been notably poor. The stock's year-long decline of 22.55% starkly contrasts with the market's slight negative return of -1.61%, further emphasizing its underperformance. The recent drop in delivery volume by 43.88% against the 5-day average also suggests a decrease in investor interest, which, combined with the company's flat financial results and high valuation metrics, contributes to the negative sentiment surrounding the stock.