Why is Jyoti CNC Auto. falling/rising?

As of 28-Jul, Jyoti CNC Automation Ltd is experiencing a decline in its stock price, currently at 1,019.00, reflecting a decrease of 17.0 points or 1.64%. Today's price summary indicates that the stock opened with a gain of 2.36% but subsequently fell, touching an intraday low of Rs 1,007.15, suggesting volatility within the trading session. The stock has underperformed its sector by 0.91% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.23%, and its year-to-date performance shows a significant decline of 24.46%. Despite the company showing strong fundamentals, such as a low Debt to EBITDA ratio and consistent growth in net sales and operating profit, the stock has underperformed against benchmarks, generating negative returns over the last year.
Broader market context reveals that Jyoti CNC Automation Ltd's performance has lagged behind the Sensex, which has seen a decline of only 1.59% over the past week and a modest gain of 3.52% year-to-date. This consistent underperformance against the benchmark, coupled with a significant drop in investor participation, as evidenced by a 24.27% decrease in delivery volume, suggests a lack of confidence among investors. The company's high valuation metrics, such as a ROCE of 22.1 and an expensive PEG ratio of 0.6, further complicate the outlook, as they may deter potential buyers despite the company's strong operational results.