Why is MTAR Technologie falling/rising?

As of 21-Jul, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,527.60, which reflects a decrease of Rs 28.65 or 1.84%. The stock has underperformed its sector by 1.35% today and has fallen after four consecutive days of gains, touching an intraday low of Rs 1,522. In terms of returns, the stock has shown a negative performance over the past month, down 10.96%, and a year-to-date decline of 7.25%. Despite these setbacks, the company has demonstrated 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 strong ability to service its debt. Additionally, the company reported positive net sales growth of 27.92% for the nine-month period ending March 25, alongside a higher profit after tax of Rs 48.45 crore.
In the broader market context, MTAR Technologies' recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.06% over the past week, while MTAR's return for the same period is a modest increase of 0.78%. However, the stock's longer-term performance has been less favorable, with a year-over-year decline of 19.63% compared to a 1.98% increase in the Sensex. The stock's liquidity appears adequate, with a delivery volume increase of 115.16% against the five-day average, suggesting rising investor participation, but the overall negative price movement indicates that investor sentiment may be cautious in light of the recent performance trends.