Why is Pioneer Invest falling/rising?

As of 19-Aug, Pioneer Investcorp Ltd's stock price is currently at Rs 73.20, reflecting a decrease of Rs 1.39 or 1.86%. Today's performance indicates that the stock has underperformed its sector by 1.83% and has experienced a trend reversal after two consecutive days of gains, touching an intraday low of Rs 72, which represents a decline of 3.47%. The stock's recent performance shows a 3.29% increase over the past week and a significant 22.49% rise over the past month, although it has a year-to-date decline of 13.88%. Despite the positive indicators such as the highest net sales and operating profit margins, the stock's falling investor participation, as evidenced by a 53.18% drop in delivery volume, and the high percentage of pledged promoter shares contribute to its current downward movement.
Broader market context shows that while Pioneer Investcorp has outperformed the benchmark Sensex in the long term, with a 33.65% return over the past year compared to the Sensex's 1.52%, its short-term performance is less favorable. The stock's recent decline contrasts with the Sensex's 1.76% increase over the past week. The company's weak long-term fundamental strength, indicated by an average return on equity of 2.55% and negative growth in net sales, further complicates its market position. Overall, the combination of strong historical performance and current weaknesses in investor confidence and fundamental metrics is driving the stock's recent decline.