Why is Piccadily Agro falling/rising?

As of 13-Nov, Piccadily Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 622.00, which represents a decrease of Rs 15.2 or 2.39%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 11.38% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 6.76%, while it has also underperformed the market significantly over the past year, with a return of -9.38% compared to the benchmark's positive return of 8.17%. Factors contributing to this decline include a low delivery volume, which has decreased by 21.46% against the 5-day average, and poor long-term growth prospects, as evidenced by a low annual growth rate of net sales.
In the broader market context, while the Sensex has shown a positive return of 1.40% over the past week, Piccadily Agro's performance has been notably negative, highlighting its struggles relative to the market. Despite some positive indicators, such as an increase in institutional investor participation, which has risen by 1.18% in the last quarter, the company's financial health is concerning. The low Debt to EBITDA ratio of 1.35 times suggests a strong ability to service debt, but the negative operating cash flow and high valuation metrics, such as a PEG ratio of 19.8, raise red flags for potential investors. Overall, the combination of poor recent performance, negative financial indicators, and underwhelming growth prospects has led to the stock's decline.