Why is P I Industries falling/rising?

As of 20-Aug, P I Industries Ltd is currently priced at 3,797.45, reflecting an increase of 14.6 points or 0.39%. The stock has been gaining for the last three days, with a total return of 3.44% during this period. However, it has underperformed its sector by 0.35% today. In terms of longer-term performance, the stock has seen a decline of 7.88% over the past month and 12.02% over the past year, while it has shown a positive return of 3.02% year-to-date. The stock's moving averages indicate that it is currently higher than the 5-day and 200-day averages but lower than the 20-day, 50-day, and 100-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.72% against the 5-day average.
In the broader market context, the stock's short-term return of 0.46% over the past week is notably lower than the Sensex, which has increased by 1.64% during the same period. Despite these challenges, P I Industries benefits from high management efficiency, evidenced by a return on equity of 16.06%, and a low debt-to-equity ratio, which supports its financial stability. The company also boasts healthy long-term growth, with operating profit increasing at an annual rate of 22.10%. Furthermore, high institutional holdings at 46.32% suggest confidence from more sophisticated investors, as their stake has increased by 0.69% over the previous quarter. Overall, while the stock has shown some recent gains, its longer-term performance and declining investor participation may be contributing to a cautious outlook.