Why is KG Petrochem falling/rising?

As of 03-Jul, KG Petrochem Ltd is experiencing a decline in its stock price, currently at Rs 260.10, which represents a decrease of Rs 9.9 or 3.67%. The stock has underperformed its sector by 3.97% today and has shown erratic trading patterns, not trading on one day out of the last twenty. The stock's performance over the past week is down by 1.48%, and it has also seen a significant drop of 7.11% over the past month, contrasting with a positive return of 11.58% over the last year. Despite a strong profit increase of 446% over the same period, the stock's current valuation appears attractive with a low PEG ratio of 0.1, indicating potential for future growth, but this has not translated into recent price stability.
Broader market context shows that while KG Petrochem has underperformed in the short term, the benchmark Sensex has gained 3.10% over the past month, highlighting a broader market strength that the stock has not capitalized on. The year-to-date performance of KG Petrochem is down 13.05%, while the Sensex has risen by 6.53%, further emphasizing the stock's struggles in comparison to the market. The falling investor participation, as evidenced by a 73.99% drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's downward trend.