Why is MTAR Technologie falling/rising?

As of 15-Jul, MTAR Technologies Ltd's stock price is currently at 1,534.95, reflecting an increase of 19.2, or 1.27%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 0.76%. Despite this positive movement today, the stock has experienced a decline of 2.23% over the past week and a significant drop of 21.08% over the past year. However, the company has demonstrated strong financial health with a high return on capital employed (ROCE) of 15.98%, a low debt to EBITDA ratio of 0.62, and positive growth in net sales and profit after tax in recent quarters. Additionally, institutional holdings have increased by 0.95%, indicating confidence from larger investors.
In the broader market context, while MTAR Technologies has outperformed its sector today, its short-term performance over the past week is worse than the benchmark Sensex, which declined by only 1.36%. Year-to-date, MTAR has underperformed the Sensex, which has gained 5.67%. This contrast highlights the challenges the company faces in the current market environment, despite its strong fundamentals and recent positive price movement. The liquidity of the stock remains adequate, with a delivery volume increase of 14.2% against the five-day average, suggesting that investor participation is rising, which could support further price stability.