Why is Pyramid Technopl falling/rising?

As of 15-Jul, Pyramid Technoplast Ltd's stock price is currently at Rs 175.10, reflecting a decrease of Rs 1.9 or 1.07%. The stock has underperformed its sector by 2.59% today and has experienced a trend reversal after two consecutive days of gains. Although it reached an intraday high of Rs 181.05, the weighted average price indicates that more volume was traded closer to the low price. Over the past week, the stock has shown a modest gain of 1.21%, but it has significantly underperformed over the year with a return of -1.85%. The company's low debt-to-equity ratio and fair valuation, indicated by a price-to-book value of 2.7, suggest that it is trading at a discount compared to its peers. However, the stock's profits have declined by 9% over the past year, contributing to its recent price movement.
In the broader market context, the stock's performance has been lackluster compared to the benchmark, with a year-to-date return of -15.41% against the Sensex's gain of 5.67%. This consistent underperformance over the last three years raises concerns, particularly as domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its future growth prospects. The company's operating profit has also declined at an annual rate of -2.50% over the last five years, further compounding the negative sentiment surrounding the stock. Overall, the combination of poor long-term growth, declining profits, and lack of institutional interest contributes to the downward pressure on Pyramid Technoplast Ltd's stock price.