Why is Pradeep Metals falling/rising?

As of 29-Aug, Pradeep Metals Ltd. is experiencing a decline in its stock price, currently at 235.00, which reflects a decrease of 3.8 or 1.59%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 87.18% compared to the 5-day average. Over the past week, the stock has decreased by 1.65%, and over the past month, it has seen a substantial decline of 26.10%. Despite a high management efficiency reflected in a return on capital employed (ROCE) of 17.91% and an attractive valuation compared to peers, the stock's performance has been negatively impacted by a 20.31% drop over the past year, alongside a 5.5% decrease in profits.
In the broader market context, Pradeep Metals' recent performance has been relatively better than the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. However, the stock's year-to-date performance shows a decline of 10.90%, contrasting with the Sensex's increase of 2.14%. This underperformance, coupled with the significant drop in trading volume and the overall negative sentiment reflected in the stock's recent returns, suggests that investors are cautious about the company's future prospects despite its strong management efficiency and valuation metrics.