Why is Kaycee Inds. falling/rising?

As of 30-Sep, Kaycee Industries Ltd is experiencing a decline in its stock price, currently at 1,160.00, reflecting a decrease of 16.4 points or 1.39%. Today's price summary indicates that the stock underperformed its sector by 1.48%, with an intraday high of Rs 1200 and a low of Rs 1151.5. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 57.13% compared to the 5-day average. Over the past year, the stock has seen a staggering decline of 72.25%, despite a 12.7% increase in profits, indicating a very expensive valuation with a PEG ratio of 5.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a 1-year return of -72.25% compared to the BSE500's negative return of -6.58%. This stark contrast highlights the stock's struggle to attract investor confidence, especially given its flat results in June and high valuation metrics. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, these positive factors are overshadowed by its significant underperformance in the market and the perception of being overvalued relative to its peers.