Why is Prevest Denpro falling/rising?

As of 23-Jun, Prevest Denpro Ltd's stock price is currently at 466.25, reflecting a decline of 6.45 points or 1.36%. The stock has underperformed its sector by 4.1% today and has experienced a consecutive fall over the last two days, resulting in a total decrease of 2.66%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, it has declined by 1.84%, and year-to-date, it has seen a significant drop of 20.97%. While the company reported positive quarterly results with record net sales and profits, its long-term growth remains a concern, as evidenced by a low annual growth rate in net sales and operating profit over the last five years. Furthermore, despite a slight increase in institutional investor participation, the stock's high valuation metrics, such as a Price to Book Value of 5.3, contribute to its perceived overvaluation.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Prevest Denpro's negative performance. The stock has underperformed the market significantly over the past year, generating a return of -9.40% compared to the market's positive return of 6.07%. This underperformance, coupled with declining investor participation and liquidity issues, suggests a challenging environment for the stock. The medical equipment sector has gained by 2.74%, further highlighting the stock's struggles relative to its peers. Overall, the combination of poor long-term growth prospects, high valuation, and recent negative price movements contribute to the stock's current downward trend.