Why is MTAR Technologie falling/rising?

As of 16-Jul, MTAR Technologies Ltd's stock price is currently at 1,538.00, reflecting an increase of 3.05 or 0.2%. The stock has been gaining for the last two days, with a return of 1.47% during this period. However, over the past week, the stock has declined by 2.16%, and it has experienced a more significant drop of 8.88% over the past month. Despite these declines, the company shows 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 a solid ability to service its debt. Additionally, the company reported positive growth in net sales and profit after tax in the latest quarter, which may support investor confidence. However, there has been a notable decrease in investor participation, with delivery volume falling by 31.3% compared to the five-day average.
In the broader market context, MTAR Technologies' recent performance contrasts with the benchmark Sensex, which has risen by 1.02% over the past month. This indicates that while MTAR Technologies has struggled, the overall market has been performing better. The stock's year-to-date performance shows a decline of 6.62%, while the Sensex has gained 5.75% in the same period, highlighting a significant underperformance relative to the market. The high institutional holdings at 31.13% suggest that informed investors are backing the company, as their stake has increased by 0.95% over the previous quarter, which could provide some stability amid the stock's recent volatility.