Why is Pix Transmission falling/rising?

As of 19-Sep, Pix Transmission Ltd is currently priced at 1,420.95, reflecting a decrease of 11.05 points or 0.77%. The stock has underperformed its sector today by 3.12% and has experienced a consecutive decline over the last two days, resulting in a total drop of 2.27%. Over the past week, the stock has shown a slight increase of 0.07%, but its year-to-date performance is significantly negative at -43.00%. Despite a low debt-to-equity ratio of 0.09, which indicates financial stability, the company has shown poor long-term growth with net sales declining at an annual rate of 6.44%. Additionally, the stock's valuation appears expensive with a Price to Book Value of 3.2, and the lack of domestic mutual fund investment may suggest a lack of confidence in the stock's current price.
In the broader market context, the Sensex has gained 0.88% over the past week, contrasting with Pix Transmission's minimal increase. While the rubber products sector has risen by 2.4%, Pix Transmission's performance has not aligned with this upward trend, highlighting its struggles in comparison to both its sector and the overall market. The stock's year-on-year return of -8.53% further emphasizes its underperformance, especially as the broader market has only slightly declined by 0.67%. This disparity in performance, coupled with the company's weak financial indicators, contributes to the stock's downward trajectory.