Why is Somi Conv.Belt. falling/rising?

As of 17-Sep, Somi Conveyor Beltings Ltd is currently priced at 137.50, reflecting an increase of 3.7 or 2.77%. Today's price summary indicates that the stock outperformed its sector by 1.57% and reached an intraday high of Rs 138.4, marking a rise of 3.44%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -19.12%, significantly underperforming compared to the market, which saw a decline of only -0.46%. Despite this, the company has shown a profit increase of 27.2%, and its valuation appears attractive with a low PEG ratio of 1, indicating potential for growth. However, the low return on equity of 4.85% and poor management efficiency raise concerns about its profitability.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -1.79%, while the Sensex has gained 1.56% in the same period. This underperformance highlights the challenges faced by Somi Conveyor Beltings Ltd, particularly in comparison to the benchmark. The company has struggled with poor long-term growth, as evidenced by a modest annual operating profit growth rate of 10.27% over the last five years. While rising investor participation and attractive valuation metrics may provide some support, the overall market sentiment and the company's operational inefficiencies contribute to a cautious outlook for the stock.