Why is PG Electroplast falling/rising?

As of 01-Sep, PG Electroplast Ltd's stock price is currently at 556.50, reflecting an increase of 23.5, or 4.41%. Today's price summary indicates that the stock has gained after three consecutive days of decline, opening with a gain of 2.23% and reaching an intraday high of Rs 559.25. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite a positive return of 6.44% over the past year, the stock has underperformed the benchmark Sensex in the short term, with a 1-week return of -4.66% compared to the Sensex's -1.56%. Factors contributing to the stock's recent movement include healthy long-term growth with net sales increasing at an annual rate of 50.00%, but there are concerns due to flat results in June and a significant decrease in promoter confidence, as they have reduced their stake by 5.65%.
Broader Market Context: The consumer durables sector, which includes PG Electroplast, has seen a gain of 5.23%, indicating a positive trend in the broader market. However, PG Electroplast's performance has been mixed, with a notable decline of 28.53% over the past month, contrasting sharply with the Sensex's minimal decline of 0.29% during the same period. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 60.35% against the 5-day average suggests waning investor interest. Overall, while the stock has shown some positive movement today, the broader context reveals ongoing challenges that may affect its future performance.