Why is Palco Metals Ltd falling/rising?

As of 11-Sep, Palco Metals Ltd is currently priced at 134.30, reflecting a decrease of 0.5, or 0.37%. The stock has underperformed its sector by 0.79% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 43.36% against the 5-day average. Over the past week, the stock has declined by 1.25%, and it has experienced a substantial year-to-date drop of 39.96%, despite a modest one-year return of 1.86%. The company's recent financial performance shows a decline in net sales and profit after tax, contributing to negative sentiment around the stock.
In the broader market context, while the Sensex has gained 1.03% over the past week, Palco Metals Ltd's performance has lagged significantly. The company has demonstrated strong management efficiency and a healthy long-term growth trajectory, with net sales growing at an annual rate of 34.99%. However, the recent decline in profits and sales, alongside a high debt to EBITDA ratio, raises concerns among investors. The stock is trading at a discount compared to its peers, but the overall negative trends in profitability and sales growth are likely influencing the stock's downward movement in the current market environment.