Why is Patels Airtemp falling/rising?

As of 24-Jul, Patels Airtemp (India) Ltd is experiencing a decline in its stock price, currently at 465.00, which reflects a decrease of 2.45 (-0.52%). The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is 4.24% away from its 52-week low of Rs 445.3. Over the past week, the stock has underperformed with a return of -2.37%, while the benchmark Sensex has only declined by 0.09%. The delivery volume has also fallen significantly, down by 30.11% against the 5-day average, suggesting a decrease in investor participation. Despite some positive financial metrics, such as a low debt-equity ratio and rising profits, the stock has underperformed the market with a year-to-date return of -25.95% compared to the Sensex's 5.18%.
In the broader market context, the stock's performance has been notably poor over the last year, with a return of -31.51% while the BSE500 index has generated a positive return of 0.99%. This stark contrast highlights the stock's struggle to attract investor confidence, particularly given its long-term growth concerns, as evidenced by modest annual growth rates in net sales and operating profit over the past five years. The stock's attractive valuation metrics, such as a PEG ratio of 1.5 and a discount compared to peers, have not been sufficient to offset the negative sentiment stemming from its recent performance and declining investor interest.