Why is Palco Metals Ltd falling/rising?

As of 12-Sep, Palco Metals Ltd is currently priced at 134.30, showing no change (0.00%). The stock has underperformed its sector by 2.01% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.32%, and it has experienced a significant drop of 24.87% over the past month. Additionally, the delivery volume has decreased by 33.62% compared to the 5-day average, indicating falling investor participation. Despite a high return on capital employed (ROCE) of 43.31% and strong long-term growth in net sales and operating profit, the company's profits have fallen by 15.3% over the past year, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has increased by 1.48% over the past week, contrasting with Palco Metals Ltd's decline. While the stock has generated a modest return of 2.52% over the past year, it is significantly lagging behind the benchmark's performance. The company's recent financial results indicate a concerning trend, with a 62.27% decline in profit after tax over the last six months and a 10.2% drop in net sales compared to the previous quarter's average. These factors, combined with the stock's current trading at a discount to its peers, suggest that investor confidence is waning, leading to the stock's recent underperformance.