Why is Zaggle Prepaid falling/rising?

As of 05-Sep, Zaggle Prepaid Ocean Services Ltd is experiencing a decline in its stock price, currently at Rs 380.40, which reflects a decrease of Rs 10.9 or 2.79%. The stock has underperformed its sector by 1.58% today and has been on a downward trend for the last four days, resulting in a total drop of 5.26% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the company showing healthy long-term growth with a significant increase in net sales and operating profit, the falling investor participation, particularly a 26.37% drop in delivery volume, suggests waning interest among investors. Furthermore, the stock's relatively high valuation metrics, such as a Price to Book Value of 4.1, may also contribute to the current price decline.
In the broader market context, Zaggle Prepaid's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.13% over the past week. While the stock has managed to generate a 7.95% return over the past year, it has significantly underperformed in the year-to-date comparison, with a decline of 26.75% against the Sensex's 3.29% increase. The decrease in institutional investor participation, with a 2.56% reduction in their stake, further indicates a lack of confidence in the stock's future performance, which may be influencing the current downward price movement.