Why is Praveg falling/rising?

As of 24-Sep, Praveg Ltd's stock is currently priced at Rs 396.40, reflecting a decrease of Rs 9.25 or 2.28%. The stock has underperformed its sector today by 1.31% and has fallen after two consecutive days of gains. It is trading 4.64% above its 52-week low of Rs 378 and has touched an intraday low of Rs 394.85. Over the past week, the stock has declined by 1.34%, and its performance over the last month shows a significant drop of 5.70%. Additionally, the stock has experienced a staggering year-to-date decline of 45.23%, while its one-year return stands at a loss of 49.84%. Factors contributing to this decline include a substantial fall in profit after tax, which has decreased by 260.4%, and a decrease in institutional investor participation, which has dropped by 1.64% in the last quarter.
In the broader market context, Praveg Ltd's performance has been notably worse than the benchmark Sensex, which has seen a slight increase of 0.50% over the past month and a decline of only 3.77% over the past year. This stark contrast highlights the stock's struggles, particularly as it has underperformed the market significantly, with a one-year return of -49.84% compared to the BSE500's negative return of -5.32%. The stock's low management efficiency, indicated by a low operating profit to interest ratio and a high debt-to-equity ratio, further exacerbates its challenges in attracting investor confidence, leading to its current downward price movement.