Why is MMP Industries falling/rising?

As of 16-Jul, MMP Industries Ltd is experiencing a decline in its stock price, currently at 285.35, which reflects a decrease of 2.1 or 0.73%. Today's price summary indicates that the stock's performance is in line with its sector, although it is trading lower than its 5-day and 200-day moving averages. The stock has shown a mixed performance in the past week, with a slight decline of 0.31%, while it has gained 13.15% over the past month. Despite a year-to-date drop of 15.28%, the company's profits have increased by 22.9%, and it is trading at a discount compared to its peers. However, concerns about poor long-term growth, as indicated by a high debt-equity ratio and low domestic mutual fund holdings, may be contributing to the stock's current downward movement.
In the broader market context, MMP Industries' short-term performance has outpaced the benchmark Sensex, which has declined by 1.04% over the past week. However, the stock's year-to-date performance is significantly worse than the Sensex's gain of 6.63%. The falling investor participation, as evidenced by a 15.21% drop in delivery volume, suggests a lack of confidence among investors, which could further pressure the stock price. Overall, while the company has attractive valuation metrics and has shown profit growth, the combination of high debt levels and low institutional interest may be weighing on investor sentiment, leading to the stock's decline.