Why is Pix Transmission falling/rising?

As of 12-Aug, Pix Transmission Ltd's stock price is currently at Rs. 1,279.20, reflecting a decline of Rs. 116.1 or 8.32%. The stock has recently hit a new 52-week low of Rs. 1,225 and has been on a downward trend, losing 15.97% over the last two days. In terms of performance, the stock has underperformed its sector by 7.17% today and has shown significant volatility with an intraday range of Rs. 174.85. Over the past week, the stock has decreased by 16.39%, and year-to-date, it has plummeted by 48.69%. Despite a low debt-to-equity ratio and a fair valuation indicated by a PEG ratio of 0.8, the company's poor long-term growth prospects, with net sales growing at only 13.90% annually over the last five years, contribute to its recent price decline.
In the broader market context, the Sensex has only decreased by 0.59% over the past week, indicating that Pix Transmission's short-term performance is significantly worse than the benchmark. The stock's year-to-date performance of -48.69% starkly contrasts with the Sensex's gain of 2.68%, highlighting its underperformance. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's future prospects. This combination of poor recent performance, low investor confidence, and underwhelming growth metrics has led to the stock's continued decline.