Why is R R Kabel falling/rising?

As of 17-Jun, R R Kabel Ltd's stock price is currently at Rs 1,329.00, reflecting a decrease of Rs 15.0 or 1.12%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.38% during this period. Despite reaching an intraday high of Rs 1,372.25, the stock's performance today has underperformed its sector by 0.35%. Over the past week, the stock has decreased by 3.28%, while it has shown a slight increase of 0.71% over the past month. However, it has significantly lagged behind the benchmark Sensex, which has gained 4.41% year-to-date, while R R Kabel's year-to-date return stands at -7.75%. The company's low debt-to-equity ratio and healthy long-term growth in net sales, which has grown at an annual rate of 20.20%, suggest a stable financial position, but the stock's recent performance reflects investor concerns, as evidenced by a 42.19% drop in delivery volume.
In the broader market context, R R Kabel's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.98% over the past week. The stock's recent struggles may be attributed to falling investor participation and a liquidity level that, while adequate, indicates reduced trading interest. Additionally, despite the company reporting positive financial results, including a significant increase in profit before tax and net sales, the stock's one-year return of -24.36% and a high PEG ratio of 12.1 may deter investors. The high institutional holdings at 21.92% could provide some support, as these investors typically have the resources to analyze the company's fundamentals more effectively than retail investors.