Why is Markolines Pavem falling/rising?

As of 15-Sep, Markolines Pavement Technologies Ltd is experiencing a decline in its stock price, currently at 168.00, which reflects a decrease of 0.5 or 0.3%. The stock has underperformed its sector today by 1.23% and has been on a consecutive downward trend for the last three days, resulting in a total loss of 1.21% during this period. Over the past week, the stock has decreased by 0.59%, while it has shown a modest increase of 12.22% over the past month. Despite a significant drop of 26.15% over the past year, the company's profits have risen by 28%, indicating a potential disconnect between stock performance and underlying financial health. The stock's liquidity remains adequate, but there has been a notable decline in investor participation, with delivery volume falling by 12.12% against the five-day average.
In the broader market context, the Sensex has increased by 1.24% over the past week and 1.47% over the past month, indicating that Markolines' recent performance is lagging behind the benchmark. This underperformance is particularly evident given the stock's negative returns over the past year compared to the Sensex's slight decline of 1.33%. While the company boasts high management efficiency and a strong ability to service debt, reflected in its low Debt to EBITDA ratio and high ROCE, these positive factors have not translated into stock price appreciation in the short term. The attractive valuation, indicated by a PEG ratio of 1.5, suggests that the stock may be undervalued, but current market sentiment appears to be weighing heavily on its price.