Why is Kaycee Inds. falling/rising?

As of 16-Sep, Kaycee Industries Ltd is experiencing a decline in its stock price, currently at 1,237.70, which reflects a decrease of 13.15 points or 1.05%. The stock has underperformed its sector by 1.61% today and has been on a downward trend for the last three days, accumulating a total loss of 3.95% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, Kaycee Industries has seen a significant drop of 63.91% in its stock value, despite a 12.7% increase in profits, leading to a high PEG ratio of 5.4, which suggests that the stock is overvalued compared to its earnings growth.
In the broader market context, while the Sensex has gained 1.58% over the past week and 2.21% over the past month, Kaycee Industries has recorded a slight decline of 0.59% in the same week. The stock's performance has been notably poor year-to-date, with a drop of 23.96%, contrasting sharply with the Sensex's positive return of 5.43%. This underperformance is compounded by the company's flat results reported in June and its high Price to Book Value ratio of 13.5, which indicates that the stock is trading at a premium compared to its peers. Despite a healthy long-term growth rate in operating profit, the combination of these factors has contributed to the stock's recent decline.