Why is Prince Pipes falling/rising?

As of 28-Oct, Prince Pipes & Fittings Ltd is experiencing a decline in its stock price, currently at Rs 312.00, reflecting a decrease of Rs 5.3 or 1.67%. The stock has underperformed its sector by 0.36% today and has touched an intraday low of Rs 310.5, indicating a downward trend. Over the past week, the stock has decreased by 4.59%, and its performance over the last month shows a decline of 5.11%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment among investors. The delivery volume has also fallen significantly, down 29.44% compared to the 5-day average, which may indicate reduced investor interest. Despite these challenges, the company maintains a high return on capital employed (ROCE) of 17.99% and a low debt-to-equity ratio of 0.04, which are positive indicators of management efficiency and financial stability.
In the broader market context, the Sensex has shown a slight increase of 0.24% over the past week, contrasting with Prince Pipes' decline. This underperformance is further highlighted by the stock's year-to-date return of -27.44%, while the Sensex has gained 8.30% during the same period. The significant disparity in returns over various time frames, including a 1-year decline of 35.88% for Prince Pipes compared to a 5.78% increase in the Sensex, underscores the stock's struggles relative to the broader market. Overall, while the company has strong fundamentals, the recent price movements reflect a lack of investor confidence and a challenging market environment.