Why is Danube Industrie falling/rising?

As of 29-Sep, Danube Industries Ltd is experiencing a decline in its stock price, currently at 4.70, which reflects a decrease of 0.18 or 3.69%. The stock has underperformed its sector by 3.89% today, despite being higher than the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 4.86%, while it has shown a slight decline of 1.05% over the past month. Although the company has reported positive results for the last three consecutive quarters, with net sales growing by 45.02% and profits rising by 49%, the stock has still generated a negative return of 8.56% over the past year. The PEG ratio of 7 indicates that the stock may be overvalued relative to its growth, which could be contributing to the recent price drop.
In the broader market context, the Sensex has decreased by 2.18% over the past week, indicating that the overall market is also facing challenges. However, Danube Industries' performance is notably worse than the benchmark, suggesting that specific company-related issues may be impacting investor sentiment more severely. The rising investor participation, with a significant increase in delivery volume, indicates some interest in the stock, but the overall liquidity remains low, which may hinder price recovery. The majority of shareholders being non-institutional could also suggest a lack of confidence among institutional investors, further contributing to the stock's downward trend.