Why is Pakka falling/rising?

As of 24-Jul, Pakka Ltd's stock price is currently at Rs 205.90, reflecting a decline of Rs 4.1 or 1.95%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total drop of 2.28%. It opened the day with a loss of 2.69% and reached an intraday low of Rs 204.35. Over the past week, the stock has decreased by 3.04%, while its performance over the last month shows a positive return of 11.87%. Despite a high return on capital employed (ROCE) of 20.49% and a strong ability to service debt, the stock has underperformed the market significantly over the past year, with a return of -20.55% compared to the benchmark's 0.99%. This poor long-term growth, alongside a decline in investor participation and a significant drop in delivery volume, has contributed to the stock's recent downward movement.
In the broader market context, Pakka Ltd's short-term performance has lagged behind the Sensex, which only saw a minor decline of 0.09% over the past week. While the stock has shown some resilience with a notable increase of 131.35% over the last three years, its year-to-date performance is concerning, with a drop of 34.01%. The company's recent financial results have also raised red flags, particularly with a decrease in profit after tax and a low ROCE in the most recent half-year period. This combination of factors, including the stock's inability to keep pace with market growth and negative sentiment surrounding its financial health, has led to its current decline.