Why is MTAR Technologie falling/rising?

As of 02-Jul, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at 1,584.25, which reflects a decrease of 5.95 points or 0.37%. The stock's performance today is in line with the sector, but it is noteworthy that the delivery volume has fallen significantly by 37.25% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has declined by 1.77%, and it has shown a downward trend over the past month and year, with returns of -3.28% and -16.26%, respectively. Despite these declines, the company maintains a high management efficiency with a return on capital employed (ROCE) of 15.98% and a low debt to EBITDA ratio of 0.62 times, which suggests a strong ability to service its debt. Additionally, the company has reported positive financial growth, with net sales increasing by 36.80% and profit after tax growing by 24.6% in the latest quarter.
In the broader market context, the Sensex has shown a positive return of 0.79% over the past week, contrasting with MTAR Technologies' decline. This indicates that while the overall market is performing well, MTAR Technologies is lagging behind, which may be contributing to the stock's downward movement. The stock's performance over the past month and year also reflects a significant underperformance compared to the benchmark, which has gained 2.50% and 5.00%, respectively. The high institutional holdings at 31.13% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals, but the recent drop in delivery volume suggests a potential lack of confidence among retail investors.