Why is Bhagyanagar Ind falling/rising?

As of 25-Jul, Bhagyanagar India Ltd's stock price is currently at Rs 99.50, reflecting a decrease of Rs 3.85 or 3.73%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 9.49% during this period. Today's trading saw the stock reach an intraday low of Rs 96.98, indicating a significant drop of 6.16%. Additionally, the stock's performance over the past week shows a decline of 5.46%, while it has seen a more favorable return of 20.83% over the past month. Despite the recent downturn, the company has demonstrated healthy long-term growth, with net sales and operating profit increasing significantly. Positive quarterly results have been reported, including the highest PBDIT and PAT figures, which suggest strong operational performance. However, the stock is currently experiencing falling investor participation, with a notable drop in delivery volume.
In the broader market context, Bhagyanagar India Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.36% over the past week. This indicates that the stock is underperforming relative to the market. While the stock has generated a negative return of 9.26% over the past year, it is important to note that its profits have increased significantly, leading to an attractive valuation compared to its peers. The stock's PEG ratio of 0.2 suggests it may be undervalued, which could attract investors in the long term despite the current price decline.