Why is Mittal Life Styl falling/rising?

As of 18-Sep, Mittal Life Style Ltd's stock price is currently at 1.58, reflecting a decrease of 0.04 or 2.47%. The stock has underperformed its sector today by 1.71%, and while it has shown a slight increase of 1.94% over the past week, it has experienced a significant decline of 7.60% over the past month. The company's recent financial performance indicates weak long-term fundamentals, with 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 in the company by 0.8%, which may signal a lack of confidence in its future prospects.
Broader Market Context: In comparison to the benchmark, Mittal Life Style Ltd has underperformed significantly over the past year, with a return of -20.20% against the BSE500's -1.96%. Despite a recent increase in investor participation, as evidenced by a 366.49% rise in delivery volume, the stock's overall liquidity remains low, and it is trading below several moving averages, indicating a bearish trend. The combination of weak financial indicators and decreasing promoter confidence contributes to the stock's downward movement, contrasting with the broader market's relatively stable performance.