Why is PG Electroplast falling/rising?

As of 29-Aug, PG Electroplast Ltd is experiencing a decline in its stock price, currently at 533.00, which reflects a decrease of 8.25 points or 1.52%. The stock has been underperforming, having lost 8.69% over the last three days and trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has decreased by 30.91% compared to the 5-day average, indicating falling investor participation. While the company has shown healthy long-term growth with a 50% annual increase in net sales and a 74.19% rise in operating profit, recent quarterly results have been disappointing, with a significant drop in profit before tax and profit after tax. Furthermore, a reduction in promoter confidence, as evidenced by a 5.65% decrease in their stake, raises concerns about the company's future prospects.
In the broader market context, PG Electroplast's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.46% compared to the Sensex's -1.84%. Over the past month, the stock has declined by 33.91%, while the Sensex has only fallen by 1.88%. Although the stock has generated a positive return of 7.69% over the past year, this is overshadowed by its year-to-date decline of 45.81%, contrasting sharply with the Sensex's gain of 2.14%. This stark difference in performance highlights the challenges PG Electroplast faces in regaining investor confidence amidst its recent struggles.