Why is Jyoti CNC Auto. falling/rising?

As of 16-Sep, Jyoti CNC Automation Ltd's stock price is currently at 928.50, reflecting a decline of 3.95 points or 0.42%. Today's price summary indicates that the stock has underperformed its sector by 2.2%. While the stock has shown a positive return of 1.92% over the past week, it has significantly lagged behind the benchmark Sensex, which has increased by 1.58% in the same period. The company has a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.38 times, and it has experienced healthy long-term growth with net sales increasing at an annual rate of 33.50%. However, recent financial results have been disappointing, with a notable decline in profit before tax and net sales compared to previous quarters, contributing to a negative sentiment around the stock.
Broader market context shows that Jyoti CNC Automation Ltd has underperformed against the benchmark over the last year, with a return of -21.11% compared to a slight decline of 0.73% for the Sensex. This consistent underperformance over the past three years has likely influenced investor sentiment negatively. Despite rising investor participation, as indicated by an 87.35% increase in delivery volume, the stock's valuation appears expensive with a PEG ratio of 0.5, suggesting that the market may be cautious about its future growth prospects. Overall, the combination of disappointing recent financial results and a history of underperformance against the benchmark has contributed to the stock's current decline.