Why is Relicab Cable falling/rising?

As of 30-Jul, Relicab Cable Manufacturing Ltd's stock is currently priced at 77.02, reflecting a decline of 5.47 points or 6.63%. The stock has been underperforming, having fallen consecutively for the last three days, with a total drop of 9.39% during this period. Today's trading saw the stock reach an intraday low of Rs 76.6, and it has been trading with lower volumes, as indicated by an 84.86% decrease in delivery volume compared to the five-day average. The stock's performance over the past week shows a significant decline of 10.33%, while its one-month return is down 12.10%. Despite healthy long-term growth in net sales and operating profit, the stock's recent performance is marred by flat results in March 2025, a high PEG ratio of 3.9, and a concerning 99.94% of promoter shares being pledged, which adds downward pressure in a falling market.
In the broader market context, Relicab's stock has significantly underperformed compared to the benchmark Sensex, which has only declined by 1.50% over the past week. The stock's year-to-date performance shows a drop of 16.05%, contrasting sharply with the Sensex's gain of 4.28%. This stark difference highlights the stock's struggle in a generally unfavorable market environment. The overall market has experienced negative returns, but Relicab's decline has been much steeper, indicating specific challenges faced by the company that are not shared by the broader market.