Why is Moschip Tech. falling/rising?

As of 01-Aug, Moschip Technologies Ltd is experiencing a decline in its stock price, currently at Rs 168.15, which reflects a decrease of Rs 5.15 or 2.97%. The stock has underperformed its sector by 1.37% today and has fallen after three consecutive days of gains. It reached an intraday low of Rs 166.95, indicating a significant drop of 3.66%. Over the past week, the stock has shown a slight increase of 0.24%, but it has declined by 5.13% over the last month and a substantial 36.04% over the past year. Despite reporting strong growth in net sales and profits, the company faces challenges such as poor management efficiency, as evidenced by a low Return on Capital Employed (ROCE) of 4.46%, and a decrease in institutional investor participation, which has fallen by 1.41% in the last quarter.
In the broader market context, while the stock has underperformed the BSE500 index, which has seen a negative return of 4.13% over the past year, Moschip's decline is significantly steeper at 36.04%. This stark contrast highlights the stock's struggles despite its positive financial results over recent quarters. The company's valuation appears expensive relative to its peers, and the PEG ratio of 0.3 suggests that the stock may be undervalued based on its growth potential. However, the falling participation from institutional investors raises concerns about the stock's attractiveness and future performance, contributing to its current downward trend.