Why is MRPL falling/rising?

As of 14-Jul, Mangalore Refinery & Petrochemicals Ltd. is experiencing a decline in its stock price, currently at 141.60, reflecting a decrease of -0.4 or -0.28%. The stock has been losing value for the last three days, with a total drop of -3.54% during this period. In terms of performance, the stock has underperformed significantly over the past year, with a return of -41.09%, while showing a modest increase of +1.87% over the past month. Despite having healthy long-term growth indicators, such as a 13.54% annual growth rate in net sales and an attractive valuation compared to peers, the stock's profits have plummeted by -98.4%, contributing to its negative performance.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by -2.75% over the past week, while the Sensex has only fallen by -1.42%. This indicates that MRPL is not only underperforming relative to the market but also facing falling investor participation, as evidenced by a significant drop in delivery volume. The company's high debt levels and recent flat financial results further exacerbate investor concerns, leading to its continued decline in stock price.