Why is MTAR Technologie falling/rising?

As of 31-Jul, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,472.80, which represents a decrease of Rs 19.2 or 1.29%. The stock has underperformed its sector by 0.76% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 1,443.15, reflecting a drop of 3.27%. Over the past week, the stock has decreased by 2.72%, and it has shown a significant decline of 22.61% over the past year, indicating poor long-term growth. Despite some positive indicators such as high management efficiency and strong sales growth, the stock's overall performance has been hampered by a low debt servicing ratio and a very expensive valuation compared to its peers.
In the broader market context, MTAR Technologies has underperformed the Sensex, which has seen a decline of only 1.22% over the past week. The stock's returns have been consistently lower than the benchmark, with a year-to-date performance of -10.58% compared to the Sensex's positive return of 3.90%. This underperformance is compounded by a falling investor participation, as evidenced by a 23.9% drop in delivery volume against the five-day average. The combination of poor short-term performance, high valuation concerns, and a lack of investor confidence suggests that the stock is facing significant challenges in the current market environment.