Why is Uflex falling/rising?

As of 20-Aug, Uflex Ltd's stock price is currently at 544.25, reflecting a decline of 36.1 points or 6.22%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 6.72% during this period. Today, it reached an intraday low of Rs 539, indicating significant volatility with an intraday fluctuation of 5.22%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Despite a year-to-date return of 3.75%, the stock has seen a substantial decline of 28.23% over the past year, even as profits have increased by 3%. The company's attractive valuation, indicated by a ROCE of 6.7 and a PEG ratio of 4.2, suggests that it is trading at a discount compared to its peers, but this has not translated into positive price movement recently.
In the broader market context, Uflex's performance has been notably weaker than the benchmark Sensex, which has gained 1.64% over the past week and 0.12% over the past month. The stock's 1-month return of -10.31% further highlights its underperformance relative to the market. The falling investor participation, with a delivery volume decrease of 6.7% against the 5-day average, indicates waning interest among investors. While the liquidity remains adequate for trading, the overall market sentiment appears to be unfavorable for Uflex, contributing to its recent price decline.