Why is ISGEC Heavy falling/rising?

As of 11-Sep, ISGEC Heavy Engineering Ltd's stock price is currently at 995.10, reflecting a decrease of 12.35, or 1.23%. The stock has underperformed its sector today by 0.51% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.27%, and in the last month, it has fallen by 5.38%. Despite a rise in delivery volume by 68.32% against the 5-day average, the stock's performance over the past year shows a significant decline of 26.80%, indicating a challenging period for the company. The recent negative financial results, including a 12.90% drop in net sales and a 12.1% decrease in profit after tax, further contribute to the stock's downward movement.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.03% over the past week and 1.17% over the past month. While the company has a low debt-to-equity ratio and an attractive valuation, these positive factors are overshadowed by its substantial underperformance relative to the market and its peers. The stock's PEG ratio of 24.5 and a modest profit increase of 1.1% over the past year do not seem to be enough to instill confidence among investors, especially following the negative results reported for June. Overall, the combination of disappointing financial performance and a significant decline in stock value compared to the market has led to the current downward trend.