Why is Palm Jewels falling/rising?

As of 07-Jul, Palm Jewels Ltd is experiencing a decline in its stock price, currently at 25.91, reflecting a decrease of 0.35 or 1.33%. The stock has been underperforming, having lost 12.67% over the last three days and consistently trading below its moving averages across various time frames. In the past week, the stock has dropped by 8.12%, while its one-month performance shows a decrease of 4.99%. Despite generating a return of 23.32% over the past year, the company faces challenges with a weak long-term fundamental strength, indicated by a negative CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio. Additionally, the recent quarterly results showed a significant drop in net sales and profitability metrics, contributing to the stock's downward trend.
In the broader market context, the Sensex has shown a minimal decline of 0.20% over the past week, contrasting with Palm Jewels' more substantial drop. The stock's performance has lagged behind the benchmark, particularly in the short term, where it has underperformed its sector by 1.22%. While the stock is trading at a discount compared to its peers and has an attractive valuation, the combination of declining investor participation and weak financial indicators suggests that investor sentiment is currently negative, leading to the stock's falling price.