Why is Pee Cee Cosma falling/rising?

As of 14-Jul, Pee Cee Cosma Sope Ltd is experiencing a decline in its stock price, currently at Rs 457.50, which reflects a decrease of Rs 6.15 or 1.33%. Today's price summary indicates that the stock opened with a gain of 2.02% but subsequently fell, reaching an intraday low of Rs 448, which is a drop of 3.38%. The stock has underperformed its sector by 0.97% and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.68%, and year-to-date, it has seen a significant decline of 22.82%. While the company has a high return on equity and a low debt-to-EBITDA ratio, its recent financial performance has been poor, with a notable drop in profits and negative results reported for the last quarter.
In the broader market context, the Sensex has shown a slight decline of 1.42% over the past week, which is less severe than Pee Cee Cosma's performance. The stock's year-to-date performance is significantly worse than the benchmark, which has gained 5.27% during the same period. Despite some positive factors, such as increased institutional investor participation, the overall negative sentiment surrounding the company's recent financial results and declining investor participation has contributed to the stock's downward movement.