Why is Pix Transmission falling/rising?

As of 18-Sep, Pix Transmission Ltd is currently priced at 1,432.00, reflecting a decline of 21.9 points or 1.51%. Today's price summary indicates that the stock has underperformed its sector by 0.93%, with an intraday low of Rs 1422.5, marking a decrease of 2.16%. The stock has shown mixed performance over various periods, with a 1-month return of +4.54%, but a significant year-to-date decline of -42.56%. The company's low debt-to-equity ratio of 0.09 suggests financial stability; however, its poor long-term growth, evidenced by a net sales growth rate of only 13.90% over the past five years, raises concerns. Additionally, despite a return of -9.31% over the past year, profits have increased by 19.8%, indicating a disconnect between stock performance and profitability, which is reflected in its expensive valuation with a Price to Book Value of 3.3.
In the broader market context, the Sensex has gained 1.80% over the past week, contrasting with Pix Transmission's slight decline of -0.02% during the same period. The stock's performance is further highlighted by its low domestic mutual fund ownership, which stands at 0%, suggesting a lack of confidence from institutional investors. This could indicate that the market perceives the stock as overvalued or uncertain in terms of future growth potential. Overall, while there is rising investor participation with a 27.78% increase in delivery volume, the stock's inability to keep pace with the benchmark and its underlying financial challenges contribute to its current downward price movement.