Why is Ganesha Ecosphe. falling/rising?

As of 25-Jul, Ganesha Ecosphere Ltd is currently priced at 1,465.40, reflecting a decline of 13.55 points or 0.92%. The stock has underperformed in the short term, with a 1-week return of -3.02% compared to the Sensex's -0.36%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite outperforming its sector by 1.95% today, the stock has seen a significant drop in investor participation, with delivery volume falling by 32.76% against the 5-day average. While the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 28.35% and positive results for the last five consecutive quarters, it also faces challenges due to its expensive valuation and a PEG ratio of 0.3, suggesting that the stock may be overvalued relative to its earnings growth.
In the broader market context, Ganesha Ecosphere's year-to-date return of -27.22% starkly contrasts with the Sensex's positive return of 4.25%. This significant underperformance highlights the stock's struggles, particularly as the textile sector has also declined by 2.96%. The company's high institutional holdings at 32.51% could provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the combination of falling investor participation and a challenging valuation environment suggests that the stock's recent price movement is primarily influenced by negative sentiment and broader market pressures.