Why is Shah Metacorp falling/rising?

As of 23-Sep, Shah Metacorp Ltd is experiencing a decline in its stock price, currently at 3.56, reflecting a decrease of 0.19 or 5.07%. The stock has underperformed its sector today by 6.36%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 4.81%, while it has shown a more significant decline of 28.94% over the past year, compared to a lesser drop of 3.33% in the benchmark index. Despite a notable increase in investor participation, with delivery volume rising by 1636.7% against the 5-day average, the overall performance remains weak due to poor long-term fundamentals, including a low Return on Capital Employed (ROCE) and high debt levels.
In the broader market context, while the Sensex has only declined by 0.34% over the past week, Shah Metacorp's performance has been significantly worse, indicating a lack of investor confidence relative to the market. The company's financials reveal a troubling trend, with a substantial drop in net sales and cash reserves, alongside a negative PAT for the most recent quarter. Although the stock is trading at a discount compared to its peers and has seen a profit increase of 126.4% over the past year, the overall negative sentiment and weak growth prospects contribute to its current downward trajectory.