Why is Mittal Life Styl falling/rising?

As of 22-Sep, Mittal Life Style Ltd's stock price is currently at 1.59, reflecting a decrease of 0.01, or 0.63%. The stock has underperformed its sector today by 0.39%, and while it is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +3.25% but a significant decline of -34.57% year-to-date. Key negative factors impacting the stock include weak long-term fundamental strength, evidenced by a -41.28% CAGR growth in operating profits over the last five years, and a low return on equity of 2.20%. Additionally, a decrease in promoter confidence, with a -0.8% reduction in their stake, suggests a lack of faith in the company's future prospects.
Broader Market Context: In comparison to the broader market, Mittal Life Style Ltd has underperformed significantly over the past year, with a return of -19.70% against a market decline of only -2.28%. This stark contrast highlights the stock's struggles relative to the benchmark, as it has not only failed to keep pace with the market but has also shown a higher rate of decline. The company's weak financial metrics, including a poor EBIT to interest ratio and flat results in recent quarters, further contribute to its negative performance, indicating that investor sentiment remains cautious amidst these challenges.