Why is Piccadily Agro falling/rising?

As of 15-Sep, Piccadily Agro Industries Ltd is currently priced at 710.85, reflecting a decrease of 1.8, or 0.25%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.71%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 19.73% and 14.37%, respectively. However, it is important to note that the stock's year-to-date performance is down by 21.85%. The company has also experienced a significant drop in investor participation, with delivery volume decreasing by 33.52% compared to the five-day average. Additionally, the stock is trading above its moving averages, indicating some underlying strength, but negative financial results from June, including a 28% fall in profit after tax compared to previous quarters, have raised concerns about its valuation.
In the broader market context, while the Sensex has increased by 1.24% over the past week, Piccadily Agro's short-term performance has significantly outpaced this benchmark. However, the stock's year-to-date decline of 21.85% contrasts sharply with the Sensex's gain of 4.67%, highlighting a divergence in performance. The company's high PEG ratio of 3.8 and expensive valuation metrics, coupled with a decline in profitability, suggest that investors may be cautious, contributing to the stock's recent price drop. Overall, while the stock has shown impressive long-term growth over three and five years, the recent negative financial results and falling investor interest appear to be driving the current decline.