Why is Servotech Renew falling/rising?

As of 10-Nov, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 105.67, reflecting a decrease of 10.7 points or 9.19%. The stock has hit a new 52-week low of Rs. 95.6 today and has underperformed its sector by 10.2%. Over the past week, the stock has fallen by 11.41%, and its year-to-date performance shows a significant decline of 36.59%. Despite a strong ability to service debt and healthy long-term growth in net sales and operating profit, the company has reported very negative results, including a 46.67% fall in net sales and four consecutive quarters of negative performance. Additionally, the stock's valuation appears expensive with a high PEG ratio of 7.2, and institutional investor participation has decreased, indicating a lack of confidence in the stock's future performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 0.73% over the past week and has generated positive returns of 8.16% year-to-date. This stark difference highlights the stock's underperformance, particularly as it has generated negative returns of 42.45% over the past year while the broader market has seen gains. The falling participation from institutional investors, who typically have more resources to analyze company fundamentals, further exacerbates the stock's challenges in gaining traction in the market.