Why is Premier Polyfilm falling/rising?

As of 15-Sep, Premier Polyfilm Ltd's stock price is currently at Rs 46.95, reflecting a decrease of Rs 2.64 or 5.32%. The stock has underperformed significantly today, with a performance that is 5.26% lower than its sector. It touched an intraday low of Rs 46.43, indicating a decline of 6.37%. The stock is trading below its moving averages across various time frames, which suggests a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 35.68% compared to the 5-day average. Despite a high return on equity (ROE) of 17.52% and a low debt-to-equity ratio of 0.02, the stock has generated a negative return of 6.23% over the past year, which may contribute to investor hesitance.
In the broader market context, the Sensex has shown a positive return of 1.24% over the past week, contrasting sharply with Premier Polyfilm's decline of 3.73% during the same period. This underperformance relative to the benchmark indicates a lack of confidence among investors. Furthermore, the absence of domestic mutual fund investment, which stands at 0%, suggests that institutional investors may not be comfortable with the stock's current valuation or business prospects. Overall, while the company has demonstrated strong management efficiency and attractive valuations, the recent flat results and low turnover ratios may be causing concern, leading to the stock's downward movement.