Why is Pennar Industrie falling/rising?

As of 11-Sep, Pennar Industries Ltd is currently priced at 246.50, reflecting a decrease of 3.95, or 1.58%. The stock has underperformed its sector today by 1.35%, although it remains above its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight decline of 0.04%, while it has performed well over the longer term, with a 27.36% increase year-to-date and a remarkable 46.42% rise over the past year. Positive factors contributing to the stock's performance include consistent growth in operating profit at an annual rate of 35.23%, positive results for the last five quarters, and an increase in institutional investor participation, which has risen by 2.46% in the last quarter.
In the broader market context, the Sensex has increased by 1.03% over the past week, indicating that while Pennar Industries has faced a slight decline, the overall market is experiencing upward momentum. Despite this short-term underperformance, the stock has demonstrated strong long-term returns, significantly outperforming the benchmark over the past three years with a return of 415.69%. The stock's fair valuation, as indicated by its PEG ratio of 1.3 and its trading discount compared to peers, suggests that it may still hold potential for future growth, even amidst the current price decline.