Why is Texmo Pipes falling/rising?

As of 17-Sep, Texmo Pipes & Products Ltd is currently priced at 58.79, reflecting a decrease of 0.23, or 0.39%. The stock has been experiencing a downward trend, having lost 0.86% over the last three days. Despite a recent 3.03% increase over the past week, the stock has underperformed significantly over the longer term, with a year-to-date decline of 8.80% and a one-year drop of 24.73%. The stock's performance today is in line with its sector, but it is noteworthy that the delivery volume has decreased by 68.38% compared to the five-day average, indicating falling investor participation. While the company has a very attractive valuation with a ROCE of 8.6 and a PEG ratio of 0.1, the long-term fundamentals are weak, with poor growth rates in net sales and operating profit over the past five years.
In the broader market context, Texmo Pipes has underperformed against the benchmark, with the Sensex gaining 1.56% over the past week and 5.83% year-to-date. The stock's consistent underperformance over the last three years, coupled with a significant decline in profits and a weak ability to service debt, contributes to a negative outlook. The stock's current trading at a discount compared to its peers may not be sufficient to attract investors, especially given the weak long-term growth indicators and the recent flat results reported in June. Overall, the combination of declining investor interest and poor long-term fundamentals suggests that the stock is facing challenges that are impacting its price negatively.