Why is Dhanuka Agritech falling/rising?

As of 18-Nov, Dhanuka Agritech Ltd is experiencing a decline in its stock price, currently at Rs 1,236.50, reflecting a decrease of Rs 34.5 or 2.71%. The stock has underperformed its sector by 1.12% today and reached an intraday low of Rs 1,231.3, which is a drop of 3.12%. Over the past week, the stock has decreased by 4.26%, and it has shown a significant decline of 16.99% over the past year, contrasting with the market's positive return of 9.48% during the same period. Despite a high management efficiency indicated by a return on equity (ROE) of 22.08% and a low debt-to-equity ratio, the stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 8.89% and 9.29% over the last five years, respectively.
In the broader market context, Dhanuka Agritech's recent performance has been notably weaker compared to the benchmark, as it has underperformed the BSE500 index, which has generated returns of 8.30% in the last year. The stock's negative performance is compounded by its trading below all key moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 70.61% against the five-day average, the overall sentiment remains cautious due to the company's historical underperformance and the high PEG ratio of 5.6, suggesting that the stock may be overvalued relative to its earnings growth.