Why is Excel Industries falling/rising?

As of 10-Nov, Excel Industries Ltd's stock price is currently at 1,058.50, reflecting a decrease of 32.5 points or 2.98%. The stock has underperformed its sector by 3.37% today, having touched an intraday low of Rs 1,056.5. Over the past week, the stock has declined by 5.14%, and it has also shown a significant drop of 34.66% over the past year, indicating a poor performance relative to the benchmark Sensex, which has gained 5.09% in the same period. While the company has reported positive financial results, including a 55.9% growth in profit before tax and a 58.3% increase in profit after tax, the long-term growth prospects appear weak, with net sales growing at an annual rate of only 9.61% over the last five years. Additionally, the stock is trading below all key moving averages, which suggests a bearish trend.
In the broader market context, Excel Industries' recent performance contrasts sharply with the Sensex, which has risen by 1.25% over the past month while Excel has fallen by 7.64%. This underperformance is compounded by the fact that domestic mutual funds hold a negligible stake in the company, indicating a lack of confidence among institutional investors. The stock's low debt-to-equity ratio and attractive valuation metrics, such as a PEG ratio of 0.1, suggest potential value; however, the persistent underperformance in both short and long-term returns raises concerns about its future growth trajectory. Overall, the combination of weak market sentiment, poor long-term growth indicators, and underwhelming institutional interest contributes to the stock's declining price.