Why is All E Tech falling/rising?

As of 28-Jul, All E Technologies Ltd is experiencing a decline in its stock price, currently at 343.15, which reflects a decrease of 7.15 or 2.04%. The stock has underperformed its sector by 0.82% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 6.32%, and in the last month, it has fallen by 10.29%. Despite these declines, the company has shown healthy long-term growth, with an operating profit growth rate of 60.28% and a net profit increase of 40.28%. The company has consistently reported positive results for the last eight quarters, which may indicate underlying strength despite the recent price drop.
In the broader market context, the Sensex has decreased by 1.63% over the past week and 3.73% over the past month, indicating that the market is also facing challenges. However, All E Technologies Ltd's year-to-date performance shows a significant decline of 34.21%, contrasting with the Sensex's gain of 4.38%. This stark difference highlights that the stock is not only underperforming relative to the market but also struggling significantly in its sector. The stock's attractive valuation, indicated by a low Price to Book Value and a favorable PEG ratio, suggests that it may be undervalued compared to its peers, but the recent price movements reflect investor caution amid broader market conditions.