Why is Pearl Global Ind falling/rising?

As of 12-Sep, Pearl Global Industries Ltd is experiencing a decline in its stock price, currently at 1,336.40, which reflects a decrease of 13.6 points or 1.01%. The stock has underperformed its sector by 0.43% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.54%. Although the stock opened with a gain of 2.22% and reached an intraday high of Rs 1379.95, the overall trading volume has shown a decrease, with delivery volume falling by 41.06% compared to the 5-day average. Despite a strong performance over the past year with a return of 39.88%, the year-to-date performance shows a decline of 9.86%, indicating some volatility in the stock's recent movements.
In the broader market context, the stock's short-term performance over the past week has been significantly better than the benchmark Sensex, with a return of 10.45% compared to the Sensex's 1.48%. However, the recent decline in stock price may be influenced by falling investor participation and liquidity concerns, despite positive fundamentals such as high management efficiency and consistent growth in net sales and operating profit. The increase in institutional investor participation, which now holds 19.57% of the company, suggests a level of confidence in the company's long-term prospects, but the recent price movement indicates that market sentiment may be cautious in the short term.