Why is Polymechplast Ma falling/rising?

As of 24-Sep, Polymechplast Machines Ltd is experiencing a decline in its stock price, currently at 55.36, reflecting a decrease of 0.87 or 1.55%. The stock has underperformed its sector by 0.26% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.88%, and it has shown a significant decline of 9.62% over the past month. The company has reported a return of -14.84% over the last year, with profits falling by 38.5%. Additionally, the stock is trading at a premium compared to its peers, and the majority of its shareholders are non-institutional, which may contribute to its volatility.
In the broader market context, the stock's performance has consistently lagged behind the benchmark, with a notable underperformance against the BSE500 over the last three years. While the Sensex has gained 0.50% over the past month, Polymechplast has seen a decline, indicating a lack of investor confidence. The company's weak long-term fundamentals, highlighted by operating losses and a low return on equity, further exacerbate its challenges in attracting investment. Overall, the combination of poor financial performance, declining investor participation, and a premium valuation compared to peers has led to the stock's downward movement.