Why is ISGEC Heavy falling/rising?

As of 16-Sep, ISGEC Heavy Engineering Ltd's stock price is currently at 979.05, reflecting a decrease of 10.2 points or 1.03%. The stock has underperformed its sector by 1.2% today and has experienced consecutive declines over the last two days, totaling a drop of 2.09%. In the past week, the stock has fallen by 2.13%, and over the last month, it has decreased by 1.17%. Despite a low Debt to Equity ratio of 0.33 and a relatively attractive valuation with a ROCE of 12.4, the stock has generated a negative return of -28.37% over the past year, indicating significant challenges. The company's recent financial results have also shown declines in net sales, profit before tax, and profit after tax, contributing to a bearish sentiment among investors.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.58% over the past week and 2.21% over the last month. While ISGEC Heavy has shown strong returns over a three-year and five-year period, its recent performance contrasts sharply with the overall market, which has only seen a slight decline of -0.73% over the past year. This underperformance, coupled with negative quarterly results and a high PEG ratio of 24.2, suggests that investor confidence is waning, leading to the stock's current downward trajectory.