Why is Siyaram Silk falling/rising?

As of 07-Nov, Siyaram Silk Mills Ltd is experiencing a decline in its stock price, currently at Rs 782.45, which reflects a decrease of Rs 12.45 or 1.57%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 5.38%. Today, it opened with a loss of 2.5% and reached an intraday low of Rs 768, indicating significant selling pressure. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 76.01% compared to the 5-day average, which may indicate a potential interest from investors despite the recent price drop.
In the broader market context, Siyaram Silk has outperformed the benchmark Sensex over the past week, gaining 4.00% compared to the Sensex's decline of 0.86%. However, the stock has underperformed its sector today by 0.89%. While the stock has generated a return of 14.39% over the past year, significantly higher than the market's 2.78%, its year-to-date performance shows a decline of 10.65%, contrasting with the Sensex's gain of 6.50%. The company's strong ability to service debt and healthy long-term growth prospects, evidenced by a low Debt to EBITDA ratio and a robust operating profit growth rate, suggest that the fundamentals remain solid. However, the stock's recent price movements indicate that market sentiment may be cautious, possibly due to its premium valuation compared to peers and a relatively high PEG ratio of 2.1.