Why is Dynemic Products falling/rising?

As of 25-Jul, Dynemic Products Ltd is experiencing a decline in its stock price, currently at Rs 352.55, which reflects a decrease of Rs 12.35 or 3.38%. Today's price summary indicates that the stock opened with a gain of 2.16% but subsequently fell, reaching an intraday low of Rs 346.6, which is a drop of 5.02%. Over the past week, the stock has underperformed the sector by 1.84%, and its performance over the last month shows a significant increase of 23.70%, contrasting with a year-to-date decline of 13.80%. Despite positive financial results over the last four quarters, including a 57.47% growth in PAT and a strong PEG ratio of 0.1, the stock's long-term fundamentals are weak, evidenced by a negative CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.64 times.
In the broader market context, Dynemic Products has underperformed against the benchmark, with a 1-year return of -5.68% compared to the Sensex's 1.78% gain. The stock's recent performance reflects a consistent trend of underperformance against the benchmark over the last three years. While the stock is trading above its moving averages, the falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors. This combination of short-term volatility, weak long-term fundamentals, and underperformance relative to the market is contributing to the stock's current decline.