Why is Motisons Jewel falling/rising?

As of 02-Jul, Motisons Jewellers Ltd is experiencing a slight decline in its stock price, currently at 21.36, reflecting a decrease of 0.01 or 0.05%. The stock has underperformed its sector by 0.35% today and has shown a trend reversal after two consecutive days of gains. Despite this recent dip, the stock has performed well over the past week and month, with returns of 5.07% and 24.99%, respectively. However, it has a year-to-date decline of 22.02%, indicating poor long-term growth potential, as evidenced by a modest annual net sales growth rate of 13.70% over the last five years. The company has a low Debt to EBITDA ratio of 0.95, suggesting a strong ability to service its debt, but its expensive valuation and low domestic mutual fund interest may raise concerns among investors.
In the broader market context, while Motisons Jewellers has outperformed the benchmark index with a one-year return of 33.13% compared to the BSE500's 3.11%, its recent performance indicates a struggle to maintain momentum. The stock's current price movement reflects a lack of confidence, particularly as domestic mutual funds hold no stake in the company, which could suggest hesitance regarding its valuation or business prospects. The overall market has shown a modest gain of 0.79% over the past week, contrasting with the stock's recent underperformance, highlighting a potential disconnect between the company's strong historical returns and its current market sentiment.