Why is MTAR Technologie falling/rising?

As of 04-Jul, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,576.20, which reflects a decrease of Rs 1.9 or 0.12%. The stock has underperformed its sector by 0.86% today and has been on a consecutive downward trend for the last three days, accumulating a total decline of 0.88% during this period. Over the past week, the stock has decreased by 0.87%, and over the last month, it has fallen by 6.28%, contrasting sharply with the Sensex, which has gained 3.01% in the same timeframe. Despite a recent intraday high of Rs 1,614, the stock's moving averages indicate it is lower than the 5-day, 20-day, 50-day, and 200-day averages, suggesting a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 30.76% compared to the 5-day average.
In the broader market context, MTAR Technologies' recent performance contrasts with the Sensex, which has shown resilience with a 3.01% increase over the past month, while MTAR has declined significantly. The stock's year-to-date performance is also negative at -4.30%, compared to the Sensex's positive return of 6.77%. Despite these challenges, the company demonstrates strong fundamentals, including high management efficiency with a return on capital employed (ROCE) of 15.98% and a low debt-to-EBITDA ratio of 0.62 times, indicating a solid ability to service debt. Furthermore, the company has shown positive growth in net sales and profit after tax, along with increasing institutional holdings, which could provide some support against the current downward pressure. However, the overall market sentiment and recent performance trends suggest a cautious outlook for the stock.