Why is Pricol Ltd falling/rising?

As of 10-Jul, Pricol Ltd's stock price is currently at 456.50, reflecting a decrease of 11.85 points or 2.53%. The stock has underperformed its sector today by 2.51% and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 455.05, indicating a decline of 2.84%. In terms of performance over the past week, the stock has decreased by 0.49%, while over the past month, it has seen a modest increase of 1.44%. Despite a significant long-term growth potential, as evidenced by an annual operating profit growth rate of 87.01% and a low Debt to EBITDA ratio of 0.36, the stock has generated a negative return of -8.72% over the past year, which may contribute to the current downward movement.
In the broader market context, the Sensex has only slightly declined by 0.06% over the past week, suggesting that the stock's short-term performance is lagging behind the benchmark. The stock's year-to-date performance is notably poor at -16.38%, contrasting sharply with the Sensex's gain of 6.46%. This underperformance may be exacerbated by the fact that while institutional holdings are high at 31.91%, indicating confidence from larger investors, the stock is trading at a premium compared to its peers, which could deter new investments. Overall, the combination of recent price declines, underperformance relative to the sector, and the broader market context contributes to the stock's current downward trend.