Why is MTAR Technologie falling/rising?

As of 26-Aug, MTAR Technologies Ltd is experiencing a decline in its stock price, currently at 1,458.00, reflecting a decrease of 39.35 points or 2.63%. The stock has underperformed its sector by 1.53% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.99%. Additionally, the stock has shown negative returns over various periods, including a 3.80% decline over the past week and an 11.48% drop year-to-date. While the company has demonstrated strong management efficiency and significant growth in net sales and profit after tax in the latest six months, it faces challenges such as poor long-term growth and a high valuation relative to its peers, which may be contributing to the current price decline.
In the broader market context, MTAR Technologies' recent performance contrasts with the Sensex, which has only declined by 1.05% over the past week. This indicates that the stock's short-term return is significantly worse than the benchmark. The company's liquidity appears sufficient for trading, but a notable drop in delivery volume suggests waning investor interest. The stock's long-term underperformance, alongside its recent negative returns, reinforces the perception of it being a less attractive investment compared to the broader market, further contributing to its current price decline.