Why is MPS falling/rising?

As of 31-Jul, MPS Ltd. is experiencing a decline in its stock price, currently at Rs 2,352.70, which reflects a decrease of Rs 35.3 or 1.48%. Today's price summary indicates that the stock underperformed its sector by 1.31% and opened with a significant loss of 3.59%. It reached an intraday low of Rs 2,285, marking a drop of 4.31%. Additionally, MPS is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these short-term challenges, the company has shown consistent performance over the past year, generating a return of 10.78% and maintaining a strong position with positive results in the last four quarters, including a high return on capital employed (ROCE) of 40.65%.
In the broader market context, MPS's short-term performance has been weaker than the benchmark, with a 1-week return of -1.97% compared to the Sensex's -1.22%. Over the past month, MPS has declined by 13.62%, significantly more than the Sensex's 3.00% drop. However, the company benefits from a low debt-to-equity ratio and a high dividend yield of 3.27%, which may attract long-term investors despite the recent price decline. The stock's liquidity remains adequate, with a delivery volume increase of 17.33% against the 5-day average, suggesting that investor participation is rising even as the stock faces short-term volatility.