Why is Spacenet Enterpr falling/rising?

As of 28-Jul, Spacenet Enterprises India Ltd's stock price is currently at 6.70, reflecting a decrease of 0.14, or 2.05%. The stock has underperformed in the short term, with a 1-week return of -6.82% compared to the Sensex's -1.63%. Despite this, today's performance indicates that it has outperformed its sector by 5.06%. The stock is trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. The company has a low Debt to Equity ratio and has shown healthy long-term growth, with operating profit increasing at an annual rate of 124.90%. However, the stock has generated a significant return of -76.38% over the past year, despite a 14% rise in profits, indicating a disconnect between stock performance and profitability metrics.
In the broader market context, Spacenet's recent performance contrasts sharply with the benchmark, as it has experienced a decline while the Sensex has gained 4.38% year-to-date. This underperformance is compounded by poor management efficiency, evidenced by a low Return on Equity (ROE) of 4.90%, which signifies low profitability per unit of shareholders' funds. The stock is trading at a discount compared to its peers' average historical valuations, but the high PEG ratio of 3.1 suggests that the market may be pricing in future growth expectations that are not currently being met. Overall, while there are positive indicators regarding the company's financial health, the significant decline in stock price reflects broader market challenges and investor concerns about management efficiency.