Why is Kaira Can falling/rising?

As of 23-Sep, Kaira Can Company Ltd's stock price is currently at Rs 1,609.70, reflecting a decrease of Rs 70.0, or 4.17%. Today's price summary indicates that the stock opened with a loss of 3.57% and reached an intraday low of Rs 1,600, which is a decline of 4.74%. The stock has underperformed its sector by 2.77% today, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.81% compared to the 5-day average. Despite some positive financial results, such as a higher PAT and net sales, the company has shown poor long-term growth with an annual operating profit decline of 4.08% over the last five years, contributing to its recent price decline.
In the broader market context, Kaira Can's short-term return over the past week is -1.91%, compared to a slight decline of 0.34% in the Sensex, indicating that the stock is underperforming relative to the benchmark. Over the past month, Kaira Can has decreased by 6.68%, while the Sensex has increased by 0.98%. This consistent underperformance against the benchmark over the last three years, coupled with a negative return of -20.31% in the past year, suggests that investor sentiment is weak. The stock's expensive valuation, with a Price to Book Value of 1.7, further exacerbates the situation, as it trades at a premium compared to its peers, leading to a lack of confidence among investors.