Why is HPL Electric falling/rising?

As of 23-Jul, HPL Electric & Power Ltd is experiencing a decline in its stock price, currently at Rs 582.15, which reflects a decrease of Rs 9.45 or 1.6%. The stock has been underperforming, having fallen for the last five consecutive days, resulting in a total decline of 7.46% over the past week. Today's trading saw the stock touch an intraday low of Rs 560.95, indicating significant selling pressure. Additionally, the stock's delivery volume has decreased by 1.56% compared to the five-day average, suggesting a drop in investor participation. Despite positive financial results in recent quarters, including a 171.72% growth in net profit, the stock has generated a negative return of 3.13% over the past year, which contrasts with its impressive profit growth.
In the broader market context, HPL Electric's recent performance has been notably weaker than the benchmark Sensex, which has gained 0.11% over the past week. While the stock has shown strong long-term returns, such as an impressive 853.56% increase over the past three years, its short-term performance is concerning. The stock is currently trading at a discount compared to its peers, and its attractive valuation metrics, including a PEG ratio of 0.4, suggest potential for recovery. However, the recent negative price movement and declining investor interest may overshadow these positive factors in the short term.