Why is PG Electroplast falling/rising?

As of 16-Sep, PG Electroplast Ltd's stock price is currently at 570.65, reflecting a decrease of 2.25, or 0.39%. Today's price summary indicates that the stock has underperformed its sector by 0.95%. The stock is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 45.39% compared to the 5-day average. Over the past week, the stock has gained 0.80%, but it has underperformed the Sensex, which rose by 1.58%. Despite a healthy long-term growth rate in net sales and operating profit, the stock's year-to-date performance is down by 41.98%, and the recent quarterly results show declines in profit before tax and profit after tax, contributing to the negative sentiment.
Broader market context shows that while PG Electroplast has experienced a 16.54% increase over the past month, it still lags behind the Sensex's 2.21% gain during the same period. The stock's year-over-year return of -7.09% contrasts with the Sensex's slight decline of 0.73%, indicating a significant underperformance relative to the broader market. The reduction in promoter confidence, with a 5.65% decrease in their stake, further exacerbates concerns about the company's future prospects. This combination of declining financial metrics, reduced investor participation, and negative sentiment surrounding promoter confidence is likely contributing to the stock's recent price decline.