Why is Servotech Renew falling/rising?

As of 24-Sep, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 127.19, which reflects a decrease of 2.39 or 1.84%. The stock has underperformed its sector by 0.87% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 25.87% compared to the 5-day average. Over the past week, the stock has decreased by 4.88%, while it has shown a modest increase of 1.88% over the past month. However, the year-to-date performance remains poor, with a decline of 23.68%, and a significant drop of 33.75% over the past year, indicating a troubling trend despite the company’s strong growth metrics such as a 64.91% annual increase in net sales.
In the broader market context, the stock's performance has been significantly worse than the benchmark, as the Sensex has only declined by 1.08% over the past week and has increased by 0.75% over the past month. This stark contrast highlights the stock's ongoing struggles, particularly given that domestic mutual funds hold no stake in the company, which may suggest a lack of confidence in its valuation. Despite the company’s strong ability to service debt and impressive growth in net sales and operating profit, the high valuation metrics, such as a PEG ratio of 0.6 and a low return on capital employed (ROCE) of 18.5%, raise concerns among investors. The combination of these factors contributes to the stock's downward movement, as it continues to underperform both the market and its peers.