Why is Plaza Wires falling/rising?

As of 09-Sep, Plaza Wires Ltd is currently priced at 56.55, reflecting a decrease of 0.07 or 0.12%. The stock has been experiencing a downward trend, having lost 1.14% over the last three days. Despite showing a positive performance of 1.16% over the past week and 2.46% over the past month, the stock has significantly underperformed over the longer term, with a decline of 34.28% in the past year. Positive financial results reported on June 25, including a 71.43% growth in PAT and a 25.76% increase in net sales, have not been sufficient to offset the overall negative sentiment, as the company has also seen a 22% drop in profits over the past year. Additionally, the stock's weak long-term fundamentals, indicated by a -20.36% CAGR growth in operating profits over the last five years and a low return on equity of 2.36%, contribute to its declining price movement.
In the broader market context, Plaza Wires' recent performance has been relatively in line with the Sensex, which has increased by 1.18% over the past week. However, the stock's year-to-date performance is starkly negative at -26.17%, contrasting with the Sensex's positive return of 3.79%. This underperformance is further highlighted by the stock's inability to keep pace with the benchmark over various time frames, including the last three years and one year. While there has been a rise in investor participation, as indicated by a 21.02% increase in delivery volume, the overall liquidity remains low, suggesting that investor confidence may be waning amid the stock's persistent declines.