Why is Plaza Wires falling/rising?

As of 05-Jun, Plaza Wires Ltd is experiencing a decline in its stock price, currently at Rs 61.20, which reflects a decrease of Rs 1.99 or 3.15%. The stock has underperformed its sector by 2.8% today, having touched an intraday low of Rs 61.05. Over the past week, the stock has shown a modest gain of 1.31%, but it has significantly underperformed over the last year with a return of -26.31%. The company reported positive results in March, with its net sales and operating profit reaching their highest levels, yet the stock's technical trend is sideways, indicating a lack of clear momentum. Additionally, the stock's return on equity is low at 2.72%, and it has seen a substantial decline in investor participation, with delivery volume dropping by 36.48% against the five-day average.
In the broader market context, the Sensex has shown a slight decline of 0.23% over the past week, while Plaza Wires has managed a positive return in the same period. However, the stock's year-to-date performance is notably poor, with a decline of 20.10% compared to the Sensex's gain of 4.23%. This underperformance is compounded by a weak long-term fundamental outlook, as evidenced by a -20.36% CAGR growth in operating profits over the last five years. Overall, while there are some positive indicators in the company's recent financial performance, the persistent decline in stock price and weak investor sentiment suggest significant challenges ahead.