Why is Piccadily Agro falling/rising?

As of 31-Jul, Piccadily Agro Industries Ltd's stock is currently priced at 627.35, reflecting an increase of 6.85 (1.1%). The stock has been gaining over the last three days, with a total return of 4.04% during this period. It outperformed its sector by 1.77% today, reaching an intraday high of Rs 645, although it also experienced a low of Rs 601. Despite this positive movement, the stock has a year-to-date decline of 31.03% and a one-year return of -27.67%, indicating significant underperformance compared to the market. The company's operating profit has shown healthy long-term growth at an annual rate of 43.07%, but it faces challenges such as a high PEG ratio of 3.4 and a very expensive valuation relative to its return on capital employed (ROCE) of 17.4.
In the broader market context, the stock's short-term performance has been relatively strong, with a 1.68% increase over the past week, while the benchmark Sensex has declined by 1.22% during the same period. However, the stock's long-term performance remains concerning, as it has underperformed the market significantly over the past year, with a return of -27.67% compared to the Sensex's -0.68%. The lack of domestic mutual fund investment, holding only 0% of the company, may indicate a lack of confidence in its current valuation or business prospects, further contributing to the stock's volatility and mixed performance.