Why is Power & Instrum. falling/rising?

As of 24-Jul, Power & Instrumentation (Gujarat) Ltd's stock price is currently at 124.00, reflecting a slight increase of 0.15, or 0.12%. The stock has shown a positive performance today, outperforming its sector by 0.75% and has been on a consecutive gain for the last two days, rising by 2.1% during this period. However, despite this recent uptick, the stock has experienced a significant decline of 11.11% over the past month and a staggering 62.58% year-to-date. The company has reported healthy long-term growth, with net sales increasing at an annual rate of 34.04% and operating profit at 52.13%. The stock is trading at a discount compared to its peers, and its return of 36.26% over the past year significantly outpaces the market's performance.
In the broader market context, the stock has outperformed the benchmark Sensex over the past week, which has seen a slight decline of 0.09%. However, the stock's year-to-date performance starkly contrasts with the Sensex's gain of 5.18%. The recent drop in investor participation, with a 42.94% decrease in delivery volume compared to the five-day average, may indicate a lack of confidence among investors despite the company's positive financial results. Overall, while the stock has shown some resilience in the short term, its long-term performance remains concerning, particularly in light of its substantial year-to-date decline compared to the broader market.