Why is Nath Industries falling/rising?

As of 04-Sep, Nath Industries Ltd is experiencing a decline in its stock price, currently at Rs 76.66, which reflects a decrease of 1.59 (-2.03%). The stock has underperformed its sector by 2.88% today and has been on a downward trend for the last two days, accumulating a total loss of 4.18%. Despite opening with a gain of 4.78% and reaching an intraday high of Rs 81.99, it quickly fell to a low of Rs 76.53. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 39.35% compared to the 5-day average. Although the company has shown strong financial performance with a substantial increase in profits and sales over the last six months, the stock's recent performance has not reflected these positive results.
In the broader market context, Nath Industries has underperformed compared to the Sensex, which has gained 0.80% over the past week, while Nath Industries has dropped 4.59%. Over the past month, the stock has decreased by 12.57%, contrasting with the Sensex's slight decline of 0.37%. Despite a year-to-date return of 10.86%, the stock's recent performance has been overshadowed by its short-term losses. The attractive valuation metrics, such as a low PEG ratio and significant profit growth, suggest potential for recovery; however, the current market sentiment and declining trading volumes are contributing to the stock's downward movement.