Why is P I Industries falling/rising?

As of 04-September, P I Industries Ltd is experiencing a decline in its stock price, currently at 3,751.10, reflecting a decrease of 25.1 points or 0.66%. Despite this drop, the stock has outperformed its sector today by 0.87%. In terms of recent performance, the stock has shown a 1.15% increase over the past week, although it has faced a significant decline of 9.33% over the past month. The stock's moving averages indicate that it is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 111.31% against the 5-day average, suggesting heightened interest in the stock. The company boasts a high management efficiency with a return on equity of 16.06%, a low debt-to-equity ratio, and healthy long-term growth in operating profit.
In the broader market context, P I Industries' performance over the past week has outpaced the Sensex, which rose by 0.80%. However, the stock has underperformed over the longer term, with a 1-year decline of 16.66% compared to the Sensex's drop of only 1.98%. The company holds a significant position in its sector, constituting 25.24% of the entire market, and has high institutional holdings at 46.32%, which have increased by 0.69% over the previous quarter. This institutional backing may provide some stability, but the overall market conditions and the stock's recent performance suggest a cautious outlook.