Why is Piccadily Agro falling/rising?

As of 05-Sep, Piccadily Agro Industries Ltd is currently priced at 601.10, reflecting an increase of 2.1 (0.35%). The stock's performance today is in line with its sector, and it is trading above its 5-day and 100-day moving averages, although it remains below its 20-day, 50-day, and 200-day moving averages. The stock has seen a rise in investor participation, with a delivery volume of 47.43k on September 4, which is up by 6.56% compared to the 5-day average. Despite this positive movement, the stock has underperformed over the past month with a decline of 8.83%, and a year-to-date drop of 33.91%. The recent negative financial results, including a significant fall in profit before tax and profit after tax compared to previous quarters, contribute to a perception of the stock as a strong sell, despite its high returns over a three and five-year period.
In the broader market context, the stock has outperformed the benchmark Sensex over the past week, gaining 3.13% compared to the benchmark's 1.13%. However, it has significantly underperformed over the last year, with a return of -24.39% against the Sensex's -1.81%. This stark contrast highlights the challenges faced by Piccadily Agro, particularly in light of its expensive valuation metrics and the negative sentiment stemming from its recent financial performance. While the stock is currently experiencing a slight uptick, the overall trend suggests ongoing difficulties that may continue to impact investor confidence.