Why is Mukand falling/rising?

As of 20-Oct, Mukand Ltd's stock price is currently at 128.50, reflecting a decrease of 0.2, or 0.16%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.42%. Over the past week, the stock has decreased by 0.70%, and it has also shown a significant decline of 15.63% over the past year. Despite a relatively attractive valuation with a Return on Capital Employed (ROCE) of 9.4 and trading at a discount compared to peers, the stock's fundamentals are weak, evidenced by a high Debt to EBITDA ratio and poor long-term growth metrics. Additionally, the stock's delivery volume has decreased by 17.73% against the five-day average, indicating falling investor participation.
In the broader market context, Mukand's performance has lagged behind the Sensex, which has increased by 2.47% over the past week. This underperformance is further highlighted by the stock's negative returns over various periods, including a 6.14% decline over the last month and a 0.04% drop year-to-date, contrasting sharply with the Sensex's 7.97% gain in the same timeframe. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's future performance, contributing to its downward trajectory. Overall, the combination of weak fundamentals, declining investor interest, and poor relative performance against the benchmark has led to the stock's current decline.