Why is MTAR Technologie falling/rising?

As of 22-Aug, MTAR Technologies Ltd's stock price is currently at 1,518.60, reflecting an increase of 13.6, or 0.9%. The stock has been gaining for the last two days, with a total return of 1.24% during this period, and it has outperformed its sector by 1.39%. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 7.80% and a one-year return of -13.26%. The company exhibits high management efficiency with a return on capital employed (ROCE) of 15.98% and a strong ability to service debt, indicated by a low debt to EBITDA ratio of 0.62 times. Nonetheless, the stock's valuation appears expensive, and its long-term growth prospects are poor, as evidenced by an operating profit growth rate of only 7.61% over the last five years.
In the broader market context, the stock's short-term performance of +0.28% over the past week is slightly below the Sensex's return of +0.88% during the same period. While MTAR Technologies has shown some positive momentum recently, it has struggled to keep pace with the benchmark and has exhibited below-par performance over both the near and long term. The stock's negative returns over the past year and three years, combined with a significant drop in investor participation, as indicated by a 49.28% decrease in delivery volume, suggest that market sentiment remains cautious despite the recent gains.