Why is Jyoti CNC Auto. falling/rising?

As of 17-Jul, Jyoti CNC Automation Ltd is experiencing a decline in its stock price, currently at Rs 1,033.60, reflecting a decrease of 4.0 points or 0.39%. The stock has underperformed its sector by 0.56% today and has fallen after three consecutive days of gains. It reached an intraday high of Rs 1,058.8 but is currently trading lower than its 20-day, 50-day, 100-day, and 200-day moving averages, despite being higher than its 5-day moving average. Over the past week, the stock has shown a slight increase of 0.45%, but it has significantly underperformed over the last month and year, with returns of -7.63% and -15.60%, respectively. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 17.48% compared to the 5-day average.
In the broader market context, while the Sensex has gained 0.83% over the past month and 5.27% year-to-date, Jyoti CNC Automation's performance has been considerably weaker, indicating a consistent underperformance against the benchmark. The company's strong ability to service debt and healthy long-term growth, evidenced by a 33.50% annual growth in net sales and a 72.75% increase in operating profit, are positive factors. However, the stock's high valuation and negative returns over the last year, despite profit increases, contribute to its current downward trend. The stock's PEG ratio of 0.6 suggests it may be overvalued, which, combined with its historical underperformance, has likely influenced investor sentiment negatively.