Why is Prevest Denpro falling/rising?

As of 30-Jun, Prevest Denpro Ltd's stock price is currently at 465.90, reflecting a decrease of 11.95 points or 2.5%. The stock has underperformed its sector by 5.89% today, following a trend reversal after four consecutive days of gains. It reached an intraday low of Rs 460.3, indicating a decline of 3.67%. In terms of performance over various periods, the stock has shown a negative return of 0.08% over the past week, 4.21% over the past month, and a significant decline of 21.03% year-to-date. Despite positive quarterly results, including record net sales and operating profit, the stock's long-term growth prospects appear poor, with a low annual growth rate in net sales and operating profit over the last five years. Additionally, while institutional investors have increased their stake, the stock's high valuation and underperformance relative to peers contribute to its recent decline.
In the broader market context, the Sensex has gained 2.09% over the past week and 2.65% over the past month, contrasting sharply with Prevest Denpro's negative returns during the same periods. This indicates that while the overall market is experiencing upward momentum, Prevest Denpro is lagging significantly. The medical equipment sector has also seen a gain of 3.39%, further highlighting the stock's underperformance. The combination of falling investor participation, as evidenced by a significant drop in delivery volume, and the stock's inability to maintain momentum despite positive institutional interest suggests a challenging environment for Prevest Denpro Ltd.