Why is Monte Carlo Fas. falling/rising?

As of 29-Aug, Monte Carlo Fashions Ltd is currently priced at 569.20, reflecting an increase of 1.05 or 0.18%. The stock has shown a trend reversal by gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite a high dividend yield of 3.69% and a strong ability to service debt with a low Debt to EBITDA ratio of 1.43 times, the stock has underperformed significantly over the past year, generating a return of -21.79% while profits have risen by 31.4%. This suggests that while the company has attractive valuation metrics, the market sentiment remains cautious due to its poor long-term growth prospects and negative quarterly results.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, with a 1-week return of -2.70% compared to the Sensex's -1.84%. Over the past year, Monte Carlo Fashions has consistently underperformed against the benchmark, which has contributed to a lack of confidence among investors, as evidenced by the negligible stake held by domestic mutual funds. The stock's consistent underperformance over the last three years, coupled with the recent decline in investor participation, reflects a challenging environment for the company, despite its attractive dividend yield and improving profit metrics.