Why is Palco Metals Ltd falling/rising?

As of 19-Sep, Palco Metals Ltd is experiencing a decline in its stock price, currently at Rs 133.00, which represents a decrease of 3.0 or 2.21%. The stock has underperformed its sector today by 1.28% and has been on a consecutive downward trend for the last two days, with a total decline of 2.85% during this period. Although the stock opened with a gain of 4.26% and reached an intraday high of Rs 141.8, it fell to its current low of Rs 133. The stock's performance over the past week shows a decline of 0.97%, and it has significantly underperformed the benchmark Sensex, which has increased by 0.88%. The stock has also shown a year-to-date decline of 40.55%, contrasting sharply with the Sensex's gain of 5.74%.
In the broader market context, the stock's recent performance reflects a troubling trend, particularly given its substantial year-to-date decline compared to the benchmark. The falling investor participation, indicated by a 73.68% drop in delivery volume, suggests waning interest among investors, which may contribute to the stock's downward movement. While the company boasts strong management efficiency and healthy long-term growth metrics, including a high return on capital employed and a solid ability to service debt, these positives are overshadowed by recent poor financial performance, such as a 62.27% decline in profit after tax and a 10.2% drop in net sales. These factors, combined with the stock's current trading at a discount to its peers, indicate a challenging environment for Palco Metals Ltd, leading to its recent price decline.