Why is Peria Kara. Tea falling/rising?

As of 28-Jul, Peria Karamalai Tea & Produce Company Ltd is experiencing a decline in its stock price, currently at 654.20, reflecting a decrease of 30.8 points or 4.5%. The stock has underperformed its sector by 4.92% today and is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Over the past week, the stock has dropped by 6.28%, and in the last month, it has seen a significant decline of 17.47%. Despite a strong performance over the past year with a return of 61.51%, the company's recent financial results have raised concerns, particularly with a reported net sales decline of 23.75% and a staggering 95.5% drop in profits over the same period.
Broader market context indicates that the BSE Small Cap index has fallen by 1.31%, suggesting a challenging environment for small-cap stocks. The stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.63% over the past week and 3.73% over the past month. This underperformance is compounded by the company's poor long-term growth prospects, as indicated by an annual net sales growth rate of just 5.13% over the last five years and a low return on equity of 2.8. These factors contribute to a perception of the stock as having an expensive valuation relative to its peers, further influencing its downward price movement.