Why is Power & Instrum. falling/rising?

As of 09-Jun, Power & Instrumentation (Gujarat) Ltd is experiencing a decline in its stock price, currently at Rs 165.45, which represents a decrease of Rs 8.8 or 5.05%. Today's price summary indicates that the stock has underperformed its sector by 6.03% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 165.45, and the weighted average price suggests that more volume was traded close to this low price. Despite a recent rise in investor participation, with delivery volume increasing by 55.56% against the 5-day average, the stock's performance over the past week shows a decline of 2.04%, while its year-to-date performance is down 50.07%. However, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 34.04% and operating profit at 52.13%, which may provide some support for the stock in the long run.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.32% over the past week and 5.51% year-to-date. While Power & Instrumentation has generated a remarkable return of 139.26% over the past year, significantly outperforming the market's 6.38% return, its current decline may reflect short-term volatility rather than a fundamental deterioration in its financial health. The company's positive results over the last five consecutive quarters and a strong profit growth of 68.95% in the latest six months indicate a solid operational foundation, but the recent price movement suggests that market sentiment may be weighing heavily on the stock in the short term.