Why is Monarch Networth falling/rising?

As of 18-Sep, Monarch Networth Capital Ltd's stock price is currently at 331.90, reflecting a decrease of 0.5, or 0.15%. The stock has underperformed its sector today, with a decline of 0.48%, and has experienced a consecutive fall over the last two days, totaling a decrease of 1.13%. Although the stock is trading above its 5-day, 20-day, and 100-day moving averages, it remains below the 50-day and 200-day moving averages. In terms of returns, the stock has shown a modest gain of 1.50% over the past week, but it has significantly underperformed over the past year with a return of -21.84%. Despite strong long-term fundamentals, including a high average Return on Equity (ROE) of 26.35% and substantial growth in net sales and operating profit, the stock's recent performance has been negatively impacted by flat results in June and a lack of domestic mutual fund investment, which may indicate a lack of confidence at current price levels.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex showing a 1.80% increase over the past week compared to Monarch's 1.50%. Over the past year, while the BSE500 index has declined by 1.96%, Monarch's stock has seen a much steeper drop of 21.84%, highlighting its underperformance relative to the market. This disparity may contribute to investor sentiment, as the stock's significant decline in value compared to the benchmark could deter potential investors, especially given the low domestic mutual fund holdings in the company.