Why is Mukand falling/rising?

As of 17-Jul, Mukand Ltd's stock price is currently at 140.90, reflecting a decrease of 1.95, or 1.37%. The stock has underperformed its sector today by 1.84% and has experienced a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has declined by 1.91%, while it has shown a significant increase of 20.17% over the past month. Despite this recent uptick, the stock has generated a negative return of 18.51% over the past year, with profits falling by 26%. The company's return on capital employed (ROCE) is at 9.4, indicating an attractive valuation, but it is trading at a discount compared to its peers. However, the stock's weak long-term fundamentals, including a high debt to EBITDA ratio and a low ability to service debt, contribute to its recent price movement.
In the broader market context, the Sensex has declined by 1.12% over the past week, indicating that Mukand's short-term performance is worse than the benchmark. The stock's liquidity remains adequate, with a delivery volume increase of 10.9% against the five-day average, suggesting rising investor participation. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's future performance. Overall, while Mukand has shown some positive short-term gains, its long-term challenges and recent negative results have led to its current price decline.