Why is Patel Engineerin falling/rising?

As of 29-Aug, Patel Engineering Ltd is experiencing a decline in its stock price, currently at 37.10, reflecting a decrease of 0.4 or 1.07%. The stock has underperformed its sector by 2.23% today and has been on a consecutive downward trend for the last five days, accumulating a total loss of 7.11% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's performance over the past year shows a significant decline of 30.84%, while the broader market, represented by the Sensex, has only fallen by 2.83%. Factors contributing to this decline include a flat performance in the latest quarterly results, a low debtors turnover ratio, and a high percentage of pledged promoter shares, which can exert additional downward pressure on the stock.
In the broader market context, Patel Engineering's recent performance contrasts sharply with the benchmark, as it has underperformed the market significantly over the last year, where the BSE500 index recorded a negative return of 5.40%. Despite the company's healthy long-term growth indicators, such as a 53.23% annual growth in operating profit and a low PEG ratio of 0.1, the immediate outlook remains bleak due to the recent poor performance and declining investor participation. The stock's liquidity is adequate for trading, but the overall sentiment appears to be negative, leading to continued selling pressure.