Why is Murudesh.Ceramic falling/rising?

As of 14-Jul, Murudeshwar Ceramics Ltd's stock price is currently at 45.12, reflecting a slight decrease of 0.03, or 0.07%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.97% during this period. Additionally, it has underperformed its sector by 0.47% today. Over the past week, the stock has decreased by 2.17%, while it has shown a modest increase of 1.60% over the past month. Despite a significant drop of 11.53% year-to-date, the company has reported positive results for the last three consecutive quarters, with a notable increase in profits by 88.2%, which may suggest underlying strength despite the recent price decline.
Broader Market Context: In comparison to the Sensex, which has declined by 1.42% over the past week, Murudeshwar Ceramics Ltd's performance has been worse, indicating a relative weakness in the stock. The stock's liquidity remains adequate, but a significant drop in delivery volume by 55.35% against the five-day average suggests a decrease in investor participation. While the stock is trading at a discount compared to its peers and has an attractive valuation, the overall market sentiment and recent performance trends may be contributing to the stock's current downward movement.