Why is Sandhar Tech falling/rising?

As of 26-Sep, Sandhar Technologies Limited's stock is currently priced at 455.60, reflecting a decrease of 9.85 points or 2.12%. The stock has been underperforming, having lost 4.88% over the last two days and is currently lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Despite a recent increase in investor participation, with delivery volume rising by 82.32% against the 5-day average, the stock's performance over the past year has been poor, with a return of -20.49%. However, the company has shown healthy long-term growth, with operating profit increasing at an annual rate of 42.83%, and its profits have risen by 18.2% despite the stock's decline.
In the broader market context, Sandhar Technologies' short-term performance has been better than the benchmark Sensex, which has declined by 2.66% over the past week, while Sandhar's stock has only fallen by 1.10%. This indicates that while the stock is experiencing a downturn, it is not as severe as the broader market trend. The stock is trading at a discount compared to its peers, with an attractive valuation reflected in its PEG ratio of 1.1. Despite the recent price drop, the fundamentals suggest potential for recovery, particularly given the company's strong operating profit growth and the backing of majority shareholders.