Why is MMP Industries falling/rising?

As of 18-Jul, MMP Industries Ltd is currently priced at 287.50, reflecting an increase of 1.0 (0.35%). The stock has shown mixed performance recently, with a 1-week decline of 2.34% while outperforming the sector today by 0.28%. Although the stock is trading above its 20-day, 50-day, and 100-day moving averages, it remains below the 5-day and 200-day averages. Additionally, the delivery volume has decreased significantly by 53.69% compared to the 5-day average, indicating falling investor participation. Despite a year-to-date decline of 14.64%, the company has seen a profit increase of 22.9% over the past year, contributing to its attractive valuation with a PEG ratio of 0.8. However, concerns about poor long-term growth and low domestic mutual fund interest may be weighing on investor sentiment.
In the broader market context, MMP Industries' recent performance contrasts with the Sensex, which has seen a slight increase of 0.63% over the past month. The stock's short-term return has been negative compared to the benchmark, which may reflect investor caution given the company's flat results in March and high debt-equity ratio. While the stock has outperformed the sector today, the overall trend indicates challenges in maintaining investor confidence, particularly in light of its long-term growth prospects and limited mutual fund investment.