Why is Radix Industries falling/rising?

As of 01-Oct, Radix Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 175.25, which reflects a decrease of Rs 4.75 or 2.64%. The stock has underperformed its sector by 3.94% today and has fallen after two consecutive days of gains. It opened with a loss of 2.72% and reached an intraday low of Rs 175.1. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 87.12% compared to the 5-day average. Despite a positive annual return of 10.74%, the company has shown poor management efficiency with a low return on equity of 9.77% and flat sales results, which may contribute to the current downward pressure on the stock.
In the broader market context, Radix Industries has underperformed compared to the benchmark Sensex, which has seen a slight decline of 0.90% over the past week while Radix has dropped by 7.79%. This stark contrast highlights the stock's struggles in a generally weak market environment. Although the stock has outperformed the market over the past year, the recent poor performance and concerns regarding management efficiency and profitability may be weighing heavily on investor sentiment. The stock's high valuation relative to its earnings growth, indicated by a PEG ratio of 5.3, further complicates its attractiveness to investors, contributing to the current decline in price.