Why is Premier Polyfilm falling/rising?

As of 02-Sep, Premier Polyfilm Ltd's stock price is currently at Rs 48.05, reflecting a decrease of Rs 1.6, or 3.22%. The stock has underperformed its sector by 3.93% today, opening with a loss of 3.12% and reaching an intraday low of Rs 47.8. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has declined by 5.04%, and year-to-date, it has fallen significantly by 35.23%. Despite generating a return of 6.73% over the last year, the company's profits have risen by 20.4%, and it maintains a low debt-to-equity ratio of 0.02. However, the stock's appeal is diminished by a low domestic mutual fund stake, which may suggest a lack of confidence in its current valuation.
In the broader market context, the Sensex has only decreased by 0.78% over the past week, indicating that Premier Polyfilm's decline is more pronounced than the overall market trend. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 2.58%, highlighting its underperformance relative to the benchmark. While the company has shown consistent returns over the last three years, the recent flat results and low debtor turnover ratio may have contributed to investor hesitation, further exacerbating the stock's decline.