Why is Radix Industries falling/rising?

As of 11-Jul, Radix Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 159.05, which reflects a decrease of Rs 4.0 or 2.45%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total decline of 17.4% over that period. Today's trading saw the stock hit an intraday low of Rs 155, and it is currently trading below all major moving averages. Although there has been a notable increase in investor participation with a 211.89% rise in delivery volume, the overall sentiment remains negative due to the stock's expensive valuation metrics, including a high PEG ratio of 5.2 despite a profit increase of 17.5% over the past year.
In the broader market context, Radix Industries has underperformed compared to the benchmark Sensex, which has only seen a slight decline of 1.12% over the past week, while Radix has dropped 17.4%. This stark contrast highlights the stock's struggles in the short term, especially as it has also underperformed its sector by 2.67% today. Despite generating positive returns of 2.41% over the last year and consistent performance over the past three years, the stock's current trajectory suggests that investors are reacting to its high valuation and recent poor performance rather than its historical growth.