Why is Pix Transmission falling/rising?

As of 05-Jun, Pix Transmission Ltd is experiencing a decline in its stock price, currently at 1,596.00, which reflects a decrease of 4.0 or 0.25%. The stock has shown a trend reversal, falling after two consecutive days of gains. In terms of performance, it has underperformed in the short term with a 1-week return of -0.87%, while it has outperformed the benchmark over the past month with a return of +1.98%. Despite positive financial results over the last seven quarters, including a 27.22% growth in PAT and record net sales, the stock is technically in a mildly bearish range, indicated by the bearish Bollinger Band since mid-May. Additionally, the stock's low debt-to-equity ratio and a PEG ratio of 0.5 suggest that while it is trading at a discount compared to peers, its long-term growth appears limited, with net sales growing at an annual rate of only 13.09% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has seen a decline while the Sensex has only decreased by 0.23% over the same week. The stock's liquidity is adequate for trading, but a significant drop in delivery volume by 62.61% against the 5-day average indicates falling investor participation, which could further contribute to the downward pressure on the stock price. Despite generating a 25.45% return over the past year, the lack of domestic mutual fund investment may signal a lack of confidence in the stock's valuation, further complicating its market position.