Why is Mukand falling/rising?

As of 21-Jul, Mukand Ltd's stock price is currently at 137.80, reflecting a decrease of 0.35 (-0.25%). The stock has been underperforming, having fallen for the last three days with a total decline of 3.54%. In terms of returns, the stock has shown a negative performance of 0.86% over the past week, while it has gained 20.35% over the past month. However, despite this recent uptick, the stock has significantly underperformed over the past year, with a decline of 19.60%. The company's fundamentals are concerning, as it has a low Return on Capital Employed (ROCE) of 9.4 and has seen a 26% drop in profits over the past year. Additionally, the stock is trading at a discount compared to its peers, but the weak long-term growth and high debt levels raise red flags for investors.
Broader market context indicates that Mukand Ltd has not kept pace with the broader market, as evidenced by its negative return of 19.60% compared to the Sensex's positive return of 1.98% over the past year. The stock's recent performance has been further hampered by a decline in investor participation, with delivery volumes falling by 13.53% against the five-day average. This lack of interest from investors, coupled with the company's poor long-term growth prospects and negative financial results, suggests a challenging environment for Mukand Ltd, contributing to its current downward price movement.