Why is Signet Industrie falling/rising?

As of 02-Sep, Signet Industries Ltd is currently priced at 55.40, reflecting a decrease of 0.2 or 0.36%. The stock has recently underperformed its sector by 1.05% and has experienced a trend reversal, falling after two consecutive days of gains. In the past week, the stock has shown a return of +1.58%, while its year-to-date performance is down by 22.84%. Despite a rise in investor participation, indicated by a 65.84% increase in delivery volume, the stock's moving averages suggest it is lower than the 20-day, 50-day, 100-day, and 200-day averages. The company has a favorable valuation with a return on capital employed (ROCE) of 12.6 and a PEG ratio of 0.2, but it also faces challenges such as a high Debt to EBITDA ratio of 4.08 times, indicating low ability to service debt.
In the broader market context, the Sensex has declined by 0.78% over the past week, contrasting with the stock's positive short-term return. However, the stock's long-term performance has been concerning, with a 24.62% drop over the past year and underperformance compared to the BSE500 index in various time frames. The company's net sales have fallen by 12.0% in the latest quarter, contributing to a perception of poor growth prospects. While the stock is trading at a discount compared to its peers, the combination of low profitability, high debt levels, and flat sales growth suggests a challenging environment for Signet Industries Ltd, which may be influencing its recent price decline.