Why is Pix Transmission falling/rising?

As of 11-Sep, Pix Transmission Ltd is experiencing a decline in its stock price, currently at 1,432.30, which reflects a decrease of 10.1 points or 0.7%. The stock has underperformed its sector today by 0.52%, and while it is higher than its 20-day moving average, it remains lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.05%, but it has a significant year-to-date decline of 42.55%. The company's low Debt to Equity ratio of 0.09 indicates a manageable level of debt, but the poor long-term growth, with net sales growing at only 13.90% annually over the last five years, raises concerns. Additionally, the recent drop in profit before tax and operating cash flow, along with the low net sales figure, suggests underlying weaknesses that may be contributing to the stock's downward movement.
In the broader market context, the Sensex has increased by 1.03% over the past week, contrasting with Pix Transmission's minimal gain. The stock's year-to-date performance is significantly lagging behind the benchmark, which has risen by 4.36%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in the stock's valuation or business prospects. Despite a relatively low PEG ratio of 0.9 and a return on equity of 18.9%, the stock is perceived as expensive with a price-to-book value of 3.3, further complicating its attractiveness to investors. Overall, these factors contribute to a bearish sentiment surrounding Pix Transmission Ltd, leading to its current price decline.