Why is Power & Instrum. falling/rising?

As of 16-Oct, Power & Instrumentation (Gujarat) Ltd is experiencing a decline in its stock price, currently at Rs 165.45, which reflects a decrease of Rs 4.95 or 2.9%. The stock has underperformed its sector by 3.72% today, touching an intraday low of Rs 165.05. Over the past week, the stock has seen a return of -6.55%, while its year-to-date performance is significantly lower at -50.07%. Despite positive long-term growth indicators, such as a 34.22% annual increase in net sales and a 58.92% growth in profit after tax over the last nine months, the stock's recent performance has been hampered by a substantial drop in investor participation, with delivery volume falling by 88.96% against the five-day average.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 6.82% year-to-date, indicating a contrasting performance compared to Power & Instrumentation's stock. This divergence highlights the stock's struggles despite its healthy financial metrics, such as a return on capital employed (ROCE) of 13.2 and a favorable price-to-earnings growth (PEG) ratio of 0.8. The stock's current trading price is also at a discount compared to its peers, which may suggest potential value; however, the significant underperformance relative to the benchmark and declining investor interest are contributing factors to its recent price decline.