Why is NIBE falling/rising?

As of 12-Aug, NIBE Ltd's stock price is currently at 1,267.25, reflecting a decline of 102.75 points or 7.5%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total drop of 21.03% during this period. Today's trading saw the stock reach an intraday high of Rs 1,400.15 but also dip to a low of Rs 1,240, indicating high volatility with a wide trading range of Rs 160.15. Additionally, the stock has underperformed its sector by 6.55% today and has shown a negative return of 20.23% over the past week. Despite a strong ability to service debt and healthy long-term growth in net sales and operating profit, the recent flat quarterly results and a significant decline in net sales and profit after tax have negatively impacted investor sentiment. In the broader market context, NIBE's performance has been notably worse than the benchmark, with a one-year return of -29.51% compared to the BSE500's -2.11%. This stark contrast highlights the stock's struggles relative to the market, further compounded by a decrease in institutional investor participation, which fell by 0.74% in the previous quarter. The stock's valuation appears expensive with a high PEG ratio of 5.6, and while it has shown impressive growth over three and five years, the recent quarterly results and overall underperformance have led to a lack of confidence among investors, contributing to its current decline.