Why is Polylink Poly. falling/rising?

As of 08-Jul, Polylink Polymers (India) Ltd is experiencing a decline in its stock price, currently at Rs. 26.00, which represents a decrease of 0.71 or 2.66%. The stock has hit a new 52-week low today and has underperformed its sector by 1.9%. Over the past week, it has fallen by 9.41%, and in the last two days alone, it has dropped 6.58%. The stock is trading below all key moving averages, indicating a bearish trend. Despite a rise in delivery volume by 44.35% compared to the 5-day average, the overall performance remains weak, with a one-year return of -11.86% and a poor long-term growth outlook, as evidenced by a low average Return on Equity (ROE) of 4.83% and a significant decline in profit before tax and profit after tax compared to previous quarters.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting sharply with Polylink's negative performance. This stark difference highlights the stock's struggles relative to the overall market. While the company has attractive valuation metrics, such as a Price to Book Value of 1.9 and a PEG ratio of 1.1, these factors are overshadowed by its weak fundamentals, including a low EBIT to Interest ratio and poor sales growth. The stock's inability to generate positive returns over the past year and its underperformance against the BSE500 further contribute to the negative sentiment surrounding it.