Why is Piccadily Agro falling/rising?

As of 17-Sep, Piccadily Agro Industries Ltd is currently priced at 718.00, reflecting a decrease of 3.8 points or 0.53%. The stock has underperformed its sector by 0.69% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a return of +12.19%, and +15.52% over the past month, indicating strong short-term performance. However, there has been a significant drop in investor participation, with delivery volume falling by 75.26% compared to the 5-day average. Additionally, the company has reported negative financial results, with a decline in profit before tax and profit after tax compared to previous quarters, contributing to a perception of an expensive valuation despite a PEG ratio of 3.8.
Broader market context shows that while Piccadily Agro has outperformed the Sensex in the short term, with a 1-week return of +12.19% compared to the Sensex's +1.56%, its year-to-date performance is concerning, with a decline of -21.06% against the Sensex's +5.83%. This disparity highlights the stock's volatility and potential investor skepticism, particularly in light of its recent negative financial results and high valuation metrics. The overall market sentiment may be weighing on the stock's price, despite its strong historical returns over longer periods, such as +1772.23% over three years and +6616.56% over five years.