Why is Precision Camshf falling/rising?

As of 23-Sep, Precision Camshafts Ltd is experiencing a decline in its stock price, currently at 213.85, reflecting a decrease of 4.85 or 2.22%. Today's price summary indicates that the stock opened with a gain of 2.77% but later touched an intraday low of Rs 213.05, suggesting volatility throughout the trading session. The stock has underperformed its sector by 2.72% today, and while it has shown a positive return of 18.25% over the past month, it has a significant year-to-date decline of 40.27%. The company's financials reveal a low debt-to-equity ratio and healthy long-term growth in operating profit, but recent flat results and a high price-to-book value indicate a potentially expensive valuation, which may deter investors.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Precision Camshafts has underperformed with a 1.25% drop in the same period. The stock's year-on-year performance also contrasts with the benchmark, as it has generated a return of -12.36% compared to the Sensex's -3.33%. The lack of domestic mutual fund investment in the company may suggest a lack of confidence in its current valuation or business prospects, further contributing to the stock's downward pressure.