Why is Pyramid Technopl falling/rising?

As of 17-Jul, Pyramid Technoplast Ltd is currently priced at 174.15, reflecting a decrease of 2.0, or 1.14%. Today, the stock opened with a gain of 3.26%, reaching an intraday high of Rs 181.9, but it subsequently fell to a low of Rs 168.35, indicating high volatility with an intraday fluctuation of 6.11%. Over the past week, the stock has shown a positive return of 1.84%, although it has underperformed the sector by 1.74% today. The stock's performance over the past year has been disappointing, with a return of -5.10% and a decline in profits by 9%. Additionally, the company has a low Debt to Equity ratio and is trading at a discount compared to its peers, but its long-term growth prospects are poor, with operating profit declining at an annual rate of -2.50% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has consistently underperformed against the BSE500 over the last three years. While the Sensex has gained 5.27% year-to-date, Pyramid Technoplast has seen a significant decline of 15.87% in the same period. The lack of investor participation, evidenced by a 67.32% drop in delivery volume, further suggests a lack of confidence among investors, which may be contributing to the stock's downward movement. Overall, the combination of high volatility, poor long-term growth prospects, and underperformance relative to the benchmark indicates a challenging environment for Pyramid Technoplast Ltd.