Why is MRPL falling/rising?

As of 17-Jul, Mangalore Refinery & Petrochemicals Ltd. (MRPL) is currently priced at 147.00, with no change in price (0.00%). The stock has shown a positive performance in the short term, with a 1-week return of +1.03% and a 1-month return of +6.83%, outperforming the Sensex, which has declined by -1.12% over the same week and gained only +0.83% over the month. However, there is a notable decline in investor participation, as the delivery volume has decreased by -21.49% compared to the 5-day average. Despite this, MRPL is trading above its moving averages across various time frames, indicating a generally favorable trend. The stock's long-term growth potential is supported by a healthy annual growth rate in net sales and operating profit, although it has faced significant profit declines of -98.4% over the past year, contributing to a substantial 1-year return of -38.48%.
In the broader market context, MRPL's recent performance contrasts with the Sensex, which has shown a positive year-to-date return of +5.27%. While MRPL has outperformed the benchmark in the short term, its long-term performance remains concerning due to the significant drop in profits and a negative return over the past year. The stock is currently trading at a discount compared to its peers, which may attract some investors looking for value, but the falling investor participation suggests caution among traders. Overall, while MRPL has some positive indicators, the substantial decline in profits and reduced trading volume could be weighing on investor sentiment.