Why is Disa India falling/rising?

As of 17-Nov, Disa India Ltd's stock price is currently at Rs. 12,998.00, reflecting a decrease of Rs. 352.35, or 2.64%. The stock has recently hit a new 52-week low of Rs. 12,501.1 and has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 4.43% during this period. The stock's performance over the past week and month shows declines of 2.28% and 4.44%, respectively, while it has significantly underperformed the market over the past year with a return of -28.02%. Factors contributing to this decline include flat results reported in September, low operating cash flow, and a low debt-to-equity ratio, which, despite indicating financial stability, has not translated into positive stock performance. The stock is also considered expensive with a high price-to-book value and a PEG ratio of 3.2, suggesting that it may not be a favorable investment at current valuations.
Broader market context indicates that while the Sensex has gained 1.69% over the past week and 1.19% over the past month, Disa India Ltd has lagged significantly behind, highlighting its underperformance in comparison to broader market trends. The stock's year-to-date performance shows a stark contrast, with a decline of 22.17% against the Sensex's gain of 8.72%. This disparity suggests that investor sentiment towards Disa India is weak, compounded by falling investor participation and liquidity issues, as evidenced by a significant drop in delivery volume. Overall, the combination of poor recent performance, high valuation concerns, and negative market sentiment has led to the stock's current downward trajectory.