Why is Mukand falling/rising?

As of 04-Nov, Mukand Ltd's stock price is currently at Rs 136.30, reflecting a decline of Rs 4.75 or 3.37%. The stock has been underperforming, having lost 5.74% over the last four days, and it touched an intraday low of Rs 135.35. In the past week, the stock has decreased by 2.68%, and over the last month, it has fallen by 4.45%. Although the stock is trading at a discount compared to its peers and has a relatively attractive valuation with a ROCE of 9.4, its profits have decreased by 16% over the past year, contributing to its negative performance. Additionally, the company has a high Debt to EBITDA ratio of 5.83 times, indicating a low ability to service debt, which raises concerns among investors.
In the broader market context, Mukand's recent performance contrasts with the Sensex, which has gained 2.77% over the past month. The stock's underperformance is evident as it has generated a return of -5.18% over the last year, while the Sensex has increased by 5.94%. This disparity highlights Mukand's struggles in both short-term and long-term performance, as it has also lagged behind the BSE500 index in various time frames. The lack of domestic mutual fund investment, which stands at 0%, further suggests a lack of confidence in the company's prospects, contributing to the stock's downward trend.