Why is Muller & Phipps falling/rising?

As of 14-Jul, Muller & Phipps (India) Ltd is experiencing a decline in its stock price, currently at 323.90, reflecting a decrease of 1.5 points or 0.46%. The stock has been on a downward trend, having fallen for the last three days and recording a total drop of 10.07% during this period. It opened with a significant loss of 3.98% today and reached an intraday low of Rs 309.15. Despite outperforming its sector by 0.26% today, the stock's recent performance shows a 6.62% decline over the past week, although it has generated a notable 25.91% increase over the past month. The company's financial health is concerning, with a negative book value and weak long-term fundamentals, including high debt levels and declining profits, which contribute to the stock's recent struggles.
In the broader market context, the Sensex has also seen a decline of 1.42% over the past week, indicating a challenging environment for stocks in general. However, Muller & Phipps' performance over the longer term remains relatively strong, with a 4.65% increase year-to-date and a remarkable 173.45% rise over the past three years, suggesting that while the stock is currently facing short-term pressures, it has historically outperformed the benchmark in various time frames. The combination of recent poor financial results and falling investor participation, as evidenced by a 23.6% drop in delivery volume, further exacerbates the stock's current downward trajectory.