Why is Piccadily Agro falling/rising?

As of 26-Sep, Piccadily Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 670.95, which reflects a decrease of Rs 31.95 or 4.55%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 11.55% during this period. Today's trading saw the stock reach an intraday low of Rs 666.8, and the volume traded was closer to this low price, indicating a lack of investor confidence. Additionally, the stock's performance over the past week shows a decline of 7.21%, while it has gained 12.87% over the past month. However, the year-to-date return remains negative at -26.23%. The company's recent financial results have also contributed to the negative sentiment, with significant declines in profit before tax and profit after tax compared to previous quarters, alongside a high PEG ratio of 3.8, suggesting an expensive valuation.
Broader market context indicates that the stock has underperformed the Sensex, which has only declined by 2.66% over the past week. The sugar sector, in which Piccadily operates, has also seen a downturn, falling by 2.63%. The overall market sentiment appears to be cautious, as evidenced by a significant drop in investor participation, with delivery volume falling by 56.3% against the five-day average. This combination of negative sector performance, declining investor interest, and poor financial results has contributed to the stock's downward trajectory.