Why is MSTC falling/rising?

As of 22-Aug, MSTC Ltd's stock price is currently at Rs 450.35, reflecting a decrease of Rs 17.0, or 3.64%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.36% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company's net sales have shown a significant decline, with a growth rate of -37.98% over the latest six months and an annual rate of -17.74% over the last five years. Furthermore, the low participation from domestic mutual funds, holding only 0.68% of the company, suggests a lack of confidence in the stock's valuation or business prospects.
In the broader market context, MSTC's short-term performance has slightly outpaced the benchmark Sensex over the past week, with a return of +0.98% compared to the Sensex's +0.88%. However, the stock has underperformed significantly over the longer term, with a year-to-date decline of -33.72% against the Sensex's +4.05% and a staggering -44.97% drop over the past year. This stark contrast highlights the challenges MSTC faces in attracting investor interest and sustaining growth, further contributing to its current price decline.