Why is MTAR Technologie falling/rising?

As of 12-Aug, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at 1,461.00, which reflects a decrease of 21.1 points or 1.42%. The stock has underperformed its sector by 1.47% today and has been on a downward trend for the last two days, with a total decline of 2.52%. Over the past week, the stock has dropped by 8.06%, and it has also shown negative returns of 11.29% year-to-date and 18.61% over the past year. Despite some positive indicators such as a high return on capital employed (ROCE) of 15.98% and strong growth in net sales and profit after tax, the stock is facing challenges due to poor long-term growth prospects, as evidenced by an annual operating profit growth rate of only 7.61% over the last five years.
In the broader market context, MTAR Technologies has significantly underperformed compared to the benchmark, with a one-year return of -18.61% against the BSE500's -2.11%. This stark contrast highlights the stock's struggles, particularly as it has been trading below its moving averages across various time frames. Additionally, a notable decline in investor participation, with delivery volume dropping by 55.27% against the five-day average, suggests waning interest among investors. While the company has high institutional holdings, indicating some level of confidence from larger investors, the overall sentiment remains cautious due to its expensive valuation and lack of long-term growth, contributing to the stock's current downward trajectory.