Why is MRPL falling/rising?

As of 08-Jul, Mangalore Refinery & Petrochemicals Ltd. is experiencing a decline in its stock price, currently at 144.90, reflecting a decrease of 0.7 or 0.48%. The stock has underperformed its sector by 0.49% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.04%. Despite showing positive returns over the past week and month, with increases of 1.44% and 2.73% respectively, the stock has significantly underperformed over the year, with a drop of 33.79%. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, as evidenced by a 16.95% drop in delivery volume compared to the five-day average. Although the company has shown healthy long-term growth in net sales and operating profit, the substantial decline in profits over the past year has negatively impacted investor sentiment.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has shown minimal movement of 0.02% over the past week, while MRPL has gained 1.44%. However, the year-to-date performance reveals a stark difference, with MRPL down 2.33% compared to the Sensex's gain of 7.13%. This divergence indicates that while MRPL has had some recent positive momentum, it is still struggling to keep pace with the overall market, particularly in the longer term, where it has significantly lagged behind the benchmark.