Why is Moksh Ornaments falling/rising?

As of 23-Jul, Moksh Ornaments Ltd is currently priced at 13.89, reflecting a decrease of 0.19 or 1.35%. The stock has underperformed its sector today by 1.38%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 6.34%, and it has generated a return of -22.10% over the last year, indicating significant underperformance compared to the BSE500. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 19.55% against the 5-day average. While the company has a very attractive valuation with a return on capital employed (ROCE) of 10.3 and profits rising by 34.9%, the recent flat results and the lowest operating profit to net sales ratio have negatively impacted investor sentiment.
In the broader market context, Moksh Ornaments has underperformed the Sensex, which has seen a slight increase of 0.03% over the past week, while the stock has dropped significantly. The stock's long-term performance has also been below par, with a decline of 30.20% over the last three years compared to the Sensex's gain of 50.84%. Furthermore, institutional investors have reduced their stake by 1.94%, indicating a lack of confidence from those with more resources to analyze the company's fundamentals. This combination of poor performance metrics, declining investor participation, and negative sentiment from institutional investors contributes to the stock's current downward trajectory.