Why is Universal Cables falling/rising?

As of 21-Jul, Universal Cables Ltd. is experiencing a decline in its stock price, currently at Rs 759.90, which represents a decrease of Rs 12.65 or 1.64%. The stock has underperformed its sector today by 2.27% and has seen a consecutive fall over the last two days, resulting in a total drop of 2.38%. Over the past week, the stock has decreased by 1.66%, while it has shown a more positive performance over the past month with an increase of 11.82%. However, its year-to-date performance is down by 6.67%, and it has underperformed significantly over the past year with a decline of 10.81%. The stock's return on capital employed (ROCE) is relatively low at 5.8%, and despite trading at a discount compared to its peers, the company's profits have fallen by 17.4% over the past year, contributing to the negative sentiment around the stock.
In the broader market context, while the Sensex has remained relatively stable with a slight decline of 0.06% over the past week, Universal Cables' performance has been notably weaker. The stock's recent struggles are highlighted by its poor long-term growth metrics, including a low average ROCE of 5.50% and a weak EBIT to interest ratio of 1.39, indicating challenges in servicing its debt. Furthermore, the stock has underperformed the market significantly over the last year, contrasting with the BSE500's positive return of 1.63%. This combination of weak fundamentals and underperformance relative to the market is likely contributing to the downward pressure on Universal Cables' stock price.