Why is PTC India Fin falling/rising?

As of 22-Sep, PTC India Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 37.54, down by 1.06 or 2.75%. The stock has underperformed its sector by 3.17% today and has fallen after five consecutive days of gains, touching an intraday low of Rs 37.17. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.45%, and it has shown a significant decline of 12.78% year-to-date, contrasting sharply with the Sensex, which has gained 5.15% during the same period. While the company reported a substantial growth in net profit of 134.88% and has declared positive results for the last three consecutive quarters, it faces challenges with a weak long-term fundamental strength, reflected in a low average Return on Equity (ROE) of 5.67% and declining net sales.
In the broader market context, PTC India Financial Services Ltd has underperformed compared to the benchmark, with a one-year return of -26.39% against the BSE500's -3.80%. This stark contrast indicates that while the overall market has experienced a relatively minor decline, PTC India Fin's stock has suffered significantly more. The stock's valuation appears expensive with a Price to Book Value of 0.9, and despite recent profit increases, the negative growth in net sales and operating profit raises concerns among investors. The combination of these factors contributes to the stock's downward movement, as investor sentiment remains cautious amidst the company's long-term growth challenges.