Why is Handson Global falling/rising?

As of 07-Nov, Handson Global Management (HGM) Ltd is experiencing a decline in its stock price, currently at 69.63, down by 0.24 or 0.34%. Today's price summary indicates that the stock has outperformed its sector by 0.28%, although it is trading lower than its 5-day, 20-day, and 50-day moving averages, while remaining above the 100-day and 200-day moving averages. The stock has seen a significant drop in investor participation, with delivery volume falling by 31.97% compared to the 5-day average. Over the past week, the stock has decreased by 8.97%, while its year-to-date performance shows a decline of 14.49%. Despite this, the company has reported strong financial results, including a 147.01% growth in net sales and positive results for the last six consecutive quarters, which may provide some support for the stock's valuation.
In the broader market context, the Sensex has only declined by 0.89% over the past week, indicating that HGM's performance is underperforming relative to the benchmark. While the stock has generated a negative return of 5.50% over the past year, its profits have risen significantly by 75.9%, suggesting that the stock may be undervalued with a PEG ratio of 0.2. The company maintains a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 3.6, which could appeal to investors looking for stability. However, the combination of declining investor participation and poor short-term returns compared to the benchmark may be contributing to the stock's current downward movement.