Why is Beardsell falling/rising?

As of 11-Sep, Beardsell Ltd's stock price is currently at Rs 29.65, reflecting a decrease of Rs 0.97 or 3.17%. The stock has been on a downward trend, having fallen every week for the last eight weeks and every month for the last six weeks, resulting in a total return of -100% during these periods. Additionally, the stock opened with a loss of 2.02% today and reached an intraday low of Rs 29.3, indicating significant selling pressure. Despite this, there has been a rise in investor participation, with delivery volume increasing by 55.36% against the five-day average. While the stock has underperformed its sector by 3.03%, it has shown healthy long-term growth potential, with operating profit increasing at an annual rate of 47.69% and a favorable PEG ratio of 0.4, suggesting it is undervalued compared to its peers.
In the broader market context, Beardsell's short-term performance has lagged behind the benchmark, with a weekly return of +2.07% for the stock compared to +1.10% for the Sensex. Over the past month, Beardsell has declined by 4.54%, while the Sensex has gained 1.71%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, the stock's year-to-date performance shows a significant decline of 26.02%, while the Sensex has risen by 5.75%. This underperformance, combined with the stock trading below all major moving averages, suggests a challenging environment for Beardsell Ltd, despite its potential for long-term growth.