Why is PSP Projects falling/rising?

As of 28-Oct, PSP Projects Ltd is experiencing a decline in its stock price, currently at Rs 869.40, which reflects a decrease of Rs 67.7 or 7.22%. Today's trading performance shows that the stock underperformed its sector by 6.32%, opening with a loss of 2.36% and reaching an intraday low of Rs 862.45. Despite this drop, the stock has shown strong performance over the past week, month, year-to-date, and year, with returns of 9.87%, 12.62%, 33.80%, and 39.70%, respectively. The stock is trading above its moving averages, indicating a generally positive trend, although profits have fallen significantly by 69.3% over the past year, which may be contributing to the current price decline.
Broader market context indicates that while PSP Projects has outperformed the broader market, generating a return of 39.70% over the last year compared to the BSE500's 4.71%, the recent price drop may reflect investor concerns over its declining profits despite a low debt-to-equity ratio and attractive valuation metrics. The significant increase in delivery volume, which rose by 1433.49% against the 5-day average, suggests heightened investor interest, but the stock's current underperformance today may be a reaction to broader market conditions or profit-taking by investors following its strong past performance.