Why is Praveg falling/rising?

As of 23-Oct, Praveg Ltd's stock price is currently at 346.50, reflecting a slight decline of 0.1, or 0.03%. The stock has recently outperformed its sector by 0.46%, but it has experienced a trend reversal after two consecutive days of gains. Additionally, the stock's performance over the past week shows a gain of 3.77%, while it has significantly underperformed over the past month and year, with returns of -14.58% and -50.26%, respectively. Despite a high management efficiency indicated by a return on equity (ROE) of 26.87% and a low debt-to-equity ratio of 0.06, the stock's profitability has declined, with a reported fall in profits of 33.1% over the past year. Furthermore, the recent drop in delivery volume by nearly 55% against the five-day average suggests a decrease in investor participation, which may contribute to the stock's downward pressure.
In the broader market context, Praveg's short-term performance of +3.77% over the past week contrasts with the Sensex's gain of 1.30%, indicating some relative strength in the immediate term. However, the stock's long-term performance remains concerning, with a year-to-date decline of -52.12% compared to the Sensex's increase of 8.21%. The recent decrease in institutional investor participation, with a -1.64% reduction in their stake, further reflects a lack of confidence in the stock's future prospects. Overall, while there are some positive indicators, the combination of declining profits, reduced investor participation, and underperformance in both the short and long term suggests that the stock is facing significant challenges.