Why is Shah Metacorp falling/rising?

As of 17-Nov, Shah Metacorp Ltd's stock price is currently at 4.00, reflecting a decline of -0.17, or -4.08%. The stock has been underperforming, with a consecutive fall over the last three days resulting in a total decrease of -4.76%. Additionally, the stock's performance today has lagged behind its sector by -4.11%. Over the past week, it has seen a return of -5.44%, while its performance over the last month shows a decline of -4.53%. Despite a higher return of 74.57% over the last three years, the stock has generated a negative return of -9.71% over the past year, indicating significant underperformance compared to the market. The company's return on capital employed (ROCE) is low at 4.1, and while it is trading at a discount to its peers, the weak long-term fundamentals and poor growth metrics, such as a high debt-to-EBITDA ratio, have contributed to the negative sentiment surrounding the stock.
In the broader market context, the Sensex has shown resilience with a return of +1.69% over the past week and +1.19% over the last month, contrasting sharply with Shah Metacorp's declines. The stock's underperformance is further highlighted by its negative returns of -10.11% year-to-date compared to the Sensex's +8.72%. This stark difference in performance suggests that investor confidence in Shah Metacorp is waning, particularly as the company has reported flat results and declining profits in recent quarters. The falling investor participation, evidenced by a 17.78% drop in delivery volume, indicates a lack of interest, which may further exacerbate the stock's downward trend.