Why is Rashi Peripheral falling/rising?

As of 24-Sep, Rashi Peripherals Ltd is experiencing a decline in its stock price, currently at Rs 325.00, which reflects a decrease of Rs 8.95 or 2.68%. Today's price summary indicates that the stock has underperformed its sector by 2.49% and has fallen after three consecutive days of gains. The stock reached an intraday high of Rs 346.8 but also touched a low of Rs 323.4. Despite this decline, the stock has shown positive movement over the past week and month, with returns of +2.90% and +14.74%, respectively. However, it has a year-to-date return of -17.90%, indicating a longer-term struggle. The company has reported a significant increase in delivery volume, suggesting rising investor participation, which may provide some support for the stock despite its current downward trend.
In the broader market context, Rashi Peripherals' recent performance contrasts with the Sensex, which has seen a slight decline of 1.18% over the past week. While the stock has underperformed today, its strong long-term growth potential is highlighted by a 22.60% annual growth rate in net sales and a 52% increase in profits over the past year, despite the stock's negative return of -18.69%. The company's attractive valuation, indicated by a PEG ratio of 0.2, suggests that it may be undervalued relative to its earnings growth. However, the overall market sentiment and recent price movements indicate that investors are currently cautious, contributing to the stock's decline.