Why is PPAP Automotive falling/rising?

As of 29-Aug, PPAP Automotive Ltd is experiencing a decline in its stock price, currently at 221.30, which reflects a decrease of 4.5 or 1.99%. The stock has underperformed its sector by 2.52% today and has been on a downward trend for the last two days, resulting in a total drop of 3.95% during this period. Over the past week, the stock has fallen by 5.43%, and in the last month, it has decreased by 13.59%. Despite a positive annual return of 5.83%, the stock's recent performance has been overshadowed by a significant drop in delivery volume, which fell by 97.45% compared to the 5-day average, indicating a lack of investor participation. While the company shows healthy long-term growth with a 55.13% annual increase in operating profit and a favorable PEG ratio of 0.5, these positive factors have not been sufficient to counteract the recent price decline.
In the broader market context, the stock's performance contrasts with the benchmark, as the BSE500 has recorded a negative return of 5.40% over the past year, while PPAP Automotive has managed a positive return of 5.83%. However, the stock's short-term struggles are evident, with a significant underperformance relative to the benchmark and sector in recent weeks. The stock's current trading position, being lower than its 5-day, 20-day, and 50-day moving averages, further suggests a bearish sentiment among investors. Overall, while the company has strong fundamentals and a history of profitability, the recent trends in stock performance and investor engagement indicate a challenging environment for PPAP Automotive Ltd.