Why is Praveg falling/rising?

As of 29-Oct, Praveg Ltd's stock price is currently at 328.65, reflecting a decrease of 0.4, or 0.12%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.75% during this period. Additionally, Praveg has shown negative returns over various time frames, including a 5.18% drop over the past week and a significant 54.59% decline year-to-date. 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, indicating a solid financial position. However, the recent performance has been marred by a substantial drop in profit after tax (PAT) of 260.4% compared to the previous quarter, alongside a decrease in institutional investor participation, which has fallen by 2.08% over the last quarter.
In the broader market context, Praveg's performance has been notably weaker than the benchmark, with the Sensex gaining 0.68% over the past week while Praveg has lost 5.18%. This underperformance is further highlighted by the stock's year-to-date return of -54.59% compared to the Sensex's positive return of 8.78%. The stock's liquidity remains adequate, but the declining interest from institutional investors, who typically have more resources to assess company fundamentals, raises concerns about the stock's future performance. Overall, the combination of poor recent earnings, declining institutional interest, and underperformance against the benchmark suggests a challenging environment for Praveg Ltd.