Why is Just Dial falling/rising?

As of 24-Oct, Just Dial Ltd. is experiencing a decline in its stock price, currently at 775.45, reflecting a decrease of 2.0 points or 0.26%. The stock has been losing value for the last two days, with a total drop of 2.32% during this period. It is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, while the company has a low debt-to-equity ratio and rising investor participation, the recent financial performance has been concerning. The company reported a significant drop in PAT for the quarter, and its earnings per share are at their lowest, contributing to a negative outlook. Over the past year, the stock has generated a return of -31.86%, which is substantially lower than the benchmark's performance.
In the broader market context, Just Dial's short-term performance has underperformed compared to the Sensex, which has gained 0.31% over the past week. The stock's long-term growth prospects appear weak, with net sales and operating profit growth rates lagging behind expectations. Furthermore, the stock's valuation is considered expensive relative to its return on equity, and it has underperformed against the BSE500 over various time frames. This combination of poor financial results, weak growth indicators, and underperformance relative to benchmarks is likely contributing to the stock's current decline.