Why is Precision Camshf falling/rising?

As of 19-Sep, Precision Camshafts Ltd is experiencing a decline in its stock price, currently at Rs 210.15, which reflects a decrease of Rs 6.2 or 2.87%. The stock has underperformed its sector by 2.98% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4%. Additionally, the stock has shown a significant decline over the past week, with a return of -8.21%, while its performance over the last year is also negative at -14.85%. Factors contributing to this decline include a flat performance in recent quarterly results, a high valuation relative to peers, and a lack of confidence from domestic mutual funds, which hold no stake in the company.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with the stock's poor performance. While the market has generated a slight negative return of -1.96% over the last year, Precision Camshafts' decline of -14.85% indicates a significant underperformance relative to the benchmark. The company's low debt-to-equity ratio and healthy long-term growth in operating profit are overshadowed by recent negative financial indicators, including a substantial drop in profit before tax and a high price-to-book value ratio, which may deter investors and contribute to the stock's falling price.