Why is Murudesh.Ceramic falling/rising?

As of 26-Aug, Murudeshwar Ceramics Ltd is experiencing a decline in its stock price, currently at 43.93, down by 0.16 or 0.36%. The stock has been losing value for the last three days, resulting in a total drop of 2.33% during this period. Despite outperforming its sector by 1.47% today, the stock's delivery volume has significantly decreased, falling by 64.24% compared to the 5-day average. Over the past week, the stock has declined by 4.27%, while it has shown a modest gain of 1.69% over the past month. However, the year-to-date performance remains poor, with a drop of 13.86%, and a substantial decline of 32.08% over the past year, despite the company reporting a 59.7% increase in profits.
In the broader market context, the Sensex has only fallen by 1.05% over the past week, indicating that Murudeshwar Ceramics Ltd's decline is more pronounced than the overall market trend. The company has shown strong financial performance in recent quarters, with a 62.89% growth in PAT and a high return on capital employed (ROCE) of 5.21%. Despite these positive indicators and an attractive valuation compared to peers, the stock's recent performance has been negatively impacted by falling investor participation and consecutive price drops. The stock's PEG ratio of 0.5 suggests it is undervalued relative to its earnings growth, yet this has not translated into positive price movement in the short term.