Why is Captain Pipes falling/rising?

As of 23-Jul, Captain Pipes Ltd's stock price is currently at 16.15, reflecting an increase of 0.1 or 0.62%. The stock has outperformed its sector today by 1.34%, although it has shown a decline in delivery volume, which fell by 20.71% against the 5-day average. Over the past week, the stock has gained 0.94%, and over the past month, it has risen by 9.86%. However, it has underperformed in the year-to-date period with a decline of 16.80% and a one-year return of -11.17%. The company demonstrates high management efficiency with a return on capital employed (ROCE) of 16.31% and a low debt to EBITDA ratio of 0.91, indicating a strong ability to service its debt. Despite these positives, the stock's valuation appears expensive with a PEG ratio of 8.6, and it has underperformed the market significantly over the last year.
In the broader market context, Captain Pipes Ltd's short-term performance has been favorable compared to the Sensex, which only gained 0.11% over the past week. However, the stock has lagged behind the benchmark over the longer term, with a one-year return of -11.17% compared to the Sensex's gain of 2.86%. This underperformance, coupled with flat results in March and a low operating profit to net sales ratio, suggests that while there are some positive factors at play, the overall sentiment remains cautious. The stock's trading at a discount compared to its peers' average historical valuations may also contribute to investor hesitance, despite the recent uptick in price.