Why is P N Gadgil Jewe. falling/rising?

As of 18-Jul, P N Gadgil Jewellers Ltd is experiencing a decline in its stock price, currently at Rs 612.60, which represents a decrease of Rs 14.75 or 2.35%. Today's performance indicates that the stock has underperformed its sector by 1.47% and has fallen after four consecutive days of gains, touching an intraday low of Rs 609.5. Despite a recent positive trend, the stock's year-to-date performance shows a decline of 8.00%, contrasting with a 4.63% increase in the benchmark Sensex. The stock has a higher trading volume close to its low price, and while it is above the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The company maintains a high management efficiency with a return on equity (ROE) of 15.12% and a low debt-to-equity ratio, indicating a healthy long-term growth potential with net sales growing at an annual rate of 26.50%.
In the broader market context, the stock's short-term return over the past week is positive at 3.87%, while the Sensex has decreased by 0.90%, suggesting that the stock has been performing better than the market recently. However, the year-to-date performance indicates a significant underperformance compared to the benchmark. The rising investor participation, with a notable increase in delivery volume, may suggest a growing interest in the stock, but the recent price drop could be a reaction to profit-taking after the previous gains. Overall, while the company shows strong fundamentals and potential for growth, the recent price movement reflects market volatility and investor sentiment.