Why is KCP falling/rising?

As of 25-Sep, KCP Ltd. is experiencing a decline in its stock price, currently at Rs 197.20, which reflects a decrease of Rs 2.65 or 1.33%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 3.99% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has underperformed its sector by 0.55% today. Over the past year, KCP has generated a return of -23.12%, significantly worse than the benchmark Sensex, which has only declined by 4.71%. Despite a low debt-to-equity ratio and a reasonable price-to-book value, the stock's long-term growth prospects appear poor, with net sales growing at only 12.67% annually over the last five years.
In the broader market context, KCP's recent performance has been notably weaker than the benchmark, as it has declined by 3.64% over the past week compared to the Sensex's drop of 2.23%. This underperformance may be attributed to a lack of confidence from domestic mutual funds, which hold only a minimal stake in the company, suggesting they may not be comfortable with the current valuation. Furthermore, despite a rise in investor participation indicated by a significant increase in delivery volume, the overall sentiment remains negative due to flat results in recent quarters and a high PEG ratio of 2.3, which may deter potential investors.