Why is Markolines Pavem falling/rising?

As of 22-Sep, Markolines Pavement Technologies Ltd is experiencing a decline in its stock price, currently at Rs 168.00, which reflects a decrease of Rs 2.65 or 1.55%. The stock has underperformed its sector by 0.5% today and has fallen after three consecutive days of gains. It reached an intraday low of Rs 166.1, indicating a downward trend. Over the past week, the stock has remained flat with a 0.00% change, but it has seen a significant decline of 3.39% over the past month and a substantial drop of 25.00% over the past year, despite a 28% increase in profits during that time. The stock's moving averages show that it is currently higher than the 50-day, 100-day, and 200-day averages, but lower than the 5-day and 20-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 15.77% against the 5-day average, suggesting some interest despite the price drop.
In the broader market context, the Sensex has gained 0.46% over the past week and 1.05% over the past month, contrasting with Markolines' flat performance in the short term. This indicates that the stock is lagging behind the benchmark index. While the company has a high management efficiency with a return on capital employed (ROCE) of 23.26% and a low Debt to EBITDA ratio of 1.36 times, these positive factors have not translated into stock price appreciation recently. The attractive valuation, indicated by a PEG ratio of 1.5, suggests potential for growth, yet the stock's significant year-over-year decline of 25.00% highlights ongoing challenges that may be affecting investor sentiment.