Why is MTAR Technologie falling/rising?

As of 27-Jun, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,590.00, which reflects a decrease of Rs 24.95 or 1.54%. The stock has underperformed its sector by 2.42% today, with an intraday high of Rs 1,650. Over the past week, the stock has dropped by 7.33%, and it has also shown negative returns of 3.74% over the last month and 14.50% over the past year. Despite a high management efficiency indicated by a ROCE of 15.98% and strong recent sales growth, the stock's long-term growth prospects appear poor, with operating profit increasing at only 5.87% annually over the last five years. Additionally, the stock's valuation is considered expensive, trading at a discount compared to its peers, which may contribute to the downward pressure on its price.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 7.58% year-to-date. This significant underperformance, particularly the 14.50% decline over the past year while the market has generated positive returns, suggests a lack of investor confidence in MTAR Technologies. Furthermore, the falling investor participation, as evidenced by a 61.92% drop in delivery volume compared to the five-day average, indicates waning interest among traders, further exacerbating the stock's price decline.