Why is MTAR Technologie falling/rising?

As of 11-Jul, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,540.00, which reflects a decrease of Rs 26.45 or 1.69%. The stock has underperformed its sector by 1.36% today and has been on a consecutive downward trend for the last two days, with a total drop of 2.04% during this period. The stock's performance over the past week shows a decline of 2.30%, and it has fallen 10.67% over the past month. Additionally, the stock is currently trading below the 5-day, 20-day, 50-day, and 200-day moving averages, although it remains higher than the 100-day moving average. The delivery volume has also decreased significantly, indicating falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, MTAR Technologies' recent performance contrasts with the Sensex, which has shown a slight decline of only 1.12% over the past week. While the stock has 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, these positive factors have not been sufficient to counteract the recent price declines. The company reported strong net sales growth of 27.92% and an increase in profit after tax, which suggests underlying strength; however, the stock's year-to-date performance is down 6.50%, while the Sensex has gained 5.58%. This disparity highlights the challenges MTAR Technologies faces in attracting investor confidence despite its solid fundamentals.