Why is Pritika Engineer falling/rising?

As of 22-Sep, Pritika Engineering Components Ltd is currently priced at 89.60, reflecting a decrease of 0.8, or 0.88%. The stock has underperformed its sector today by 0.77%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.58%, although it has not changed over the past month. The company has reported strong financial results, including a 17.34% growth in net profit and record net sales, which may support its valuation despite the recent price decline. However, a significant drop in delivery volume by 46.81% against the 5-day average indicates falling investor participation, which could be contributing to the stock's downward movement.
In the broader market context, Pritika's recent performance contrasts with the Sensex, which has gained 0.53% over the past week and 1.34% over the past month. While Pritika's year-to-date return is down 14.05%, the benchmark has risen by 6.59% in the same period. This underperformance relative to the market may be influencing investor sentiment negatively, despite the company's attractive valuation metrics and positive earnings growth. The stock's PEG ratio of 0.5 suggests it is undervalued compared to its peers, but the lack of momentum in price and declining trading volume may deter potential investors.