Why is Pokarna falling/rising?

As of 29-Aug, Pokarna Ltd's stock price is currently at Rs 882.00, reflecting a decrease of Rs 15.65 or 1.74%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.54% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 24.82% on August 28, the stock's performance over the past week and month shows declines of 6.92% and 9.61%, respectively. The company has reported flat results for June 25, with a significant drop in PAT and net sales, which may have contributed to the negative sentiment surrounding the stock. In the broader market context, while the Sensex has experienced a slight decline of 1.84% over the past week, Pokarna's performance has been notably worse, indicating a significant underperformance relative to the benchmark. The stock's year-to-date return is down 24.32%, contrasting sharply with the Sensex's gain of 2.14%. Although Pokarna has shown high management efficiency and healthy long-term growth in net sales and operating profit, the expensive valuation and recent poor quarterly results have likely overshadowed these positives, leading to a lack of investor confidence and contributing to the stock's downward movement.