Why is MTAR Technologie falling/rising?

As of 03-Jul, MTAR Technologies Ltd's stock is currently priced at 1,578.10, reflecting a decrease of 6.15, or 0.39%. The stock has underperformed its sector by 1.57% today and has experienced a consecutive decline over the last two days, totaling a drop of 0.76%. Over the past week, the stock has decreased by 2.28%, while it has fallen 2.86% over the past month and 4.18% year-to-date. Despite these declines, the company demonstrates strong fundamentals, including a high return on capital employed (ROCE) of 15.98% and a low debt-to-EBITDA ratio of 0.62 times, indicating good management efficiency and the ability to service debt. Additionally, institutional holdings have increased by 0.95% over the previous quarter, suggesting confidence from larger investors.
In the broader market context, MTAR Technologies has underperformed compared to the Sensex, which has gained 3.10% over the past month and 6.53% year-to-date. The stock's performance over the last year shows a significant decline of 18.02%, while the Sensex has increased by 4.07%. The recent drop in delivery volume by 25.76% against the five-day average indicates falling investor participation, which may further contribute to the stock's downward pressure. Overall, while the company has strong fundamentals, its recent price movements reflect a combination of short-term market challenges and broader underperformance relative to the benchmark.