Why is Escorts Kubota falling/rising?

As of 24-Jun, Escorts Kubota Ltd is experiencing a decline in its stock price, currently at 3,300.00, which reflects a decrease of 23.4 points or 0.7%. Today's price summary indicates that the stock's performance is in line with its sector, although it is trading higher than its 5-day, 20-day, and 100-day moving averages but lower than its 50-day and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +4.70% but a significant 1-year decline of -22.37%. Additionally, the company has reported a decrease in delivery volume by 23.71% against the 5-day average, indicating falling investor participation. The company's financials reveal a low debt-to-equity ratio but also highlight a decline in net sales and profit before tax, contributing to a perception of an expensive valuation relative to its peers.
In the broader market context, while the Sensex has generated a return of +0.58% over the past week, Escorts Kubota's short-term performance has outpaced this benchmark, suggesting some resilience in the stock. However, the stock has underperformed significantly over the past year, with a return of -22.37% compared to the market's positive return of 6.10%. This underperformance, coupled with flat results in the latest quarter and a high PEG ratio of 2.3, indicates that the stock may be viewed unfavorably by investors, leading to its current price decline.