Why is Captain Pipes falling/rising?

As of 16-Jul, Captain Pipes Ltd's stock price is currently at 16.00, reflecting a decrease of 0.54, or 3.26%. The stock has underperformed its sector today by 4.38%, despite higher trading volumes, with a delivery volume increase of 85.8% against the 5-day average. Over the past week, the stock has shown a slight decline of 0.19%, while it has gained 5.68% over the past month. However, the year-to-date performance remains negative at -17.57%, and the stock has underperformed the broader market over the past year, generating a return of -11.46% compared to the BSE500's 0.47%. The company's high management efficiency and strong ability to service debt are positive factors, but flat results in March and an expensive valuation relative to peers have contributed to the stock's recent decline.
In the broader market context, Captain Pipes Ltd's short-term performance has been relatively weak compared to the benchmark, with a 1-week return of -0.19% against the Sensex's -1.08%. This indicates that while the stock has not performed well, it has slightly outperformed the market in the short term. The company's negative returns over the past year, despite an increase in profits, highlight a disconnect between stock performance and financial health, as evidenced by a high PEG ratio of 8.6. Overall, the combination of underperformance in key financial metrics and a high valuation compared to peers has led to the stock's current downward movement.