Why is Responsive Ind falling/rising?

As of 05-Sep, Responsive Industries Ltd is currently priced at Rs 191.00, reflecting a decrease of Rs 2.0 or 1.04%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.48% during this period. It has also underperformed its sector by 1.21% today. The stock's performance over the past week shows a decline of 1.85%, and it has experienced a significant drop of 9.39% over the past month. Despite a strong ability to service debt and healthy long-term growth in operating profit, the stock's valuation appears expensive with a high PEG ratio of 2.2, and it has generated a return of -30.63% over the past year while profits have only risen by 11.5%.
In the broader market context, the Sensex has increased by 1.13% over the past week, contrasting sharply with Responsive Industries' decline. The stock's performance has lagged behind the benchmark, showing negative returns over various periods, including a 23.20% drop year-to-date and a 30.63% decline over the past year. This underperformance is compounded by falling investor participation, as evidenced by a 51.49% drop in delivery volume compared to the five-day average. Overall, the stock's recent price movement reflects a combination of weak short-term performance, high valuation concerns, and a lack of investor confidence in the current market environment.