Why is PG Electroplast falling/rising?

As of 17-Sep, PG Electroplast Ltd is currently priced at 569.50, reflecting a decrease of 1.15, or 0.2%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 0.59% during this period. It is trading above its 20-day moving average but below its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 33.19% compared to the 5-day average. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 50% and operating profit at 74.19%, recent financial results have been flat, with a notable decline in profit before tax and profit after tax. Furthermore, a reduction in promoter stake by 5.65% may indicate waning confidence in the company's future prospects.
In the broader market context, PG Electroplast's short-term performance has lagged behind the benchmark, with a 1-week return of -0.53% compared to the Sensex's gain of 1.56%. Over the past month, however, the stock has outperformed the benchmark with a return of 16.31% against the Sensex's 2.60%. Despite this recent outperformance, the stock's year-to-date return is significantly negative at -42.09%, contrasting sharply with the Sensex's positive return of 5.83%. This disparity highlights the challenges PG Electroplast faces in regaining investor confidence amidst declining financial metrics and reduced promoter support.