Why is Taylormade Renew falling/rising?

As of 30-Jul, Taylormade Renewables Ltd is experiencing a decline in its stock price, currently at Rs 221.65, reflecting a decrease of Rs 7.35 or 3.21%. The stock has underperformed its sector by 3.05% today and reached an intraday low of Rs 220.1, indicating a significant drop. Over the past week, the stock has fallen by 13.08%, and its performance over the last month shows a decline of 17.60%. Despite a strong long-term growth trajectory with net sales and operating profit increasing significantly, the stock has faced challenges, including a high PEG ratio of 22 and a substantial drop of 60.77% over the past year, which suggests that the stock is currently overvalued relative to its earnings growth.
In the broader market context, Taylormade's performance has been notably worse than the benchmark, with the Sensex only declining by 1.50% over the same week. The company's low debt-to-equity ratio and healthy growth rates in profits and sales contrast sharply with its recent stock performance, indicating that investor sentiment may be negatively impacted by its high valuation metrics and significant underperformance relative to the market. Additionally, falling investor participation, as evidenced by a 49.61% drop in delivery volume, further contributes to the stock's downward pressure, highlighting a lack of confidence among investors despite the company's strong fundamentals.