Why is Mukand falling/rising?

As of 04-Jul, Mukand Ltd's stock price is currently at Rs 151.70, reflecting a decrease of Rs 2.7 or 1.75%. Today's price summary indicates that the stock has underperformed its sector by 1.11% and has experienced a trend reversal after two consecutive days of gains. The stock reached an intraday high of Rs 157.8 but fell to a low of Rs 151.05 during the trading session. Over the past week, Mukand has shown a return of +7.97%, and over the past month, it has increased by +34.07%. However, despite these short-term gains, the stock has generated a return of -8.31% over the past year, with profits declining by 26%. The company has a Return on Capital Employed (ROCE) of 9.4, which is considered attractive, but it also faces challenges such as a high Debt to EBITDA ratio and weak long-term growth prospects.
In the broader market context, Mukand's recent performance contrasts with the Sensex, which has declined by 0.74% over the past week. While Mukand's short-term returns have outperformed the benchmark, its long-term performance remains concerning, as it has consistently underperformed against the BSE500 over the last three years. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation or business fundamentals. Overall, while Mukand has shown some positive short-term movements, the underlying financial issues and market sentiment contribute to its current price decline.