Why is Praveg falling/rising?

As of 26-Aug, Praveg Ltd's stock price is currently at Rs. 395.00, reflecting a decline of Rs. 19.25 or 4.65%. The stock has recently hit a new 52-week low of Rs. 383.2 and has been on a downward trend, losing 10.43% over the last four days. In the past week, the stock has underperformed its sector by 5.08% and has shown significant negative returns of -16.84% over the past month and -53.80% over the past year. While the company has a high management efficiency with a return on equity (ROE) of 26.87% and a low debt-to-equity ratio of 0.06, its profits have fallen by 33.3%, and the recent quarterly profit after tax (PAT) has seen a drastic decline of 260.4%. Additionally, institutional investors have reduced their stake, indicating a lack of confidence in the stock's future performance.
In the broader market context, Praveg's performance has been significantly worse than the benchmark, with the BSE500 index showing a decline of only 3.87% over the past year. The stock's year-to-date return of -45.42% starkly contrasts with the Sensex's positive return of 3.39%. This underperformance is compounded by the fact that the stock has been trading below all its moving averages, suggesting a bearish trend. The rising delivery volume indicates some interest from retail investors, but the overall sentiment remains negative, particularly among institutional investors who have the resources to analyze the company's fundamentals more effectively.