Why is Cords Cable falling/rising?

As of 12-Aug, Cords Cable Industries Ltd is experiencing a decline in its stock price, currently at 175.35, which represents a decrease of 2.65 or 1.49%. The stock has underperformed its sector by 0.48% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 56.35% compared to the 5-day average. Over the past week, the stock has decreased by 1.35%, and over the past month, it has seen a larger decline of 9.66%. Despite positive financial results over the last seven quarters, including a 125.87% growth in profit before tax and a 36.82% increase in profit after tax, the stock's performance has been negative over the past year, with a return of -14.73%.
In the broader market context, Cords Cable's recent performance contrasts with the Sensex, which has only declined by 0.59% over the past week and 2.75% over the past month. While the company has demonstrated strong growth in profits and sales, the stock's year-to-date performance is down by 16.30%, indicating a significant underperformance relative to the benchmark, which has gained 2.68% in the same period. The stock is currently trading at a discount compared to its peers, and its attractive valuation, indicated by a PEG ratio of 0.4, suggests potential for recovery. However, the combination of declining investor interest and poor short-term returns has contributed to the stock's downward movement.