Why is Tasty Bite Eat. falling/rising?

As of 26-Aug, Tasty Bite Eatables Ltd is experiencing a decline in its stock price, currently at 9,601.00, reflecting a decrease of 69.0 points or 0.71%. The stock has underperformed its sector by 1.73% today and has been on a downward trend for the past five days, resulting in a total decline of 4.09% during this period. Additionally, Tasty Bite is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite positive financial results over the last three quarters, including a significant growth in net sales and a low debt-equity ratio, the stock's performance over the past year has been poor, with a return of -30.60%, which contrasts sharply with a 127.6% increase in profits. This discrepancy has led to a PEG ratio of 0.5, suggesting that the stock may be undervalued compared to its earnings growth.
In the broader market context, Tasty Bite's short-term performance has lagged behind the benchmark Sensex, which has only declined by 1.05% over the past week. The stock's year-to-date performance is also negative at -3.08%, while the Sensex has gained 3.39% during the same period. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 50.73% against the 5-day average, indicating reduced interest from investors. Overall, while the company shows strong fundamentals, the market's reaction has been negative, leading to the stock's current downward trajectory.