Why is PTC India falling/rising?

As of 17-Jul, PTC India Ltd is currently priced at 190.75, reflecting a decrease of 2.5, or 1.29%. The stock has underperformed its sector today by 1.46% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, PTC India has shown positive performance over the past week and month, with returns of 4.81% and 8.04%, respectively. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 10.57% compared to the five-day average. The company boasts a high dividend yield of 6.62%, which may attract income-focused investors. Additionally, PTC India has a favorable valuation with a price-to-book ratio of 1 and a PEG ratio of 0.4, suggesting it is trading at a discount relative to its peers.
In the broader market context, PTC India's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date return of 31.51% significantly surpasses the Sensex's 5.27%. The high institutional holdings at 38.95% indicate confidence from more sophisticated investors, as their stake has increased by 3.08% over the previous quarter. However, the overall negative sentiment today, combined with the stock's recent trend reversal and declining investor participation, may contribute to the current price drop.