Why is Bansal Roofing falling/rising?

As of 18-Sep, Bansal Roofing Products Ltd is currently priced at 120.35, reflecting a decline of 1.9 points or 1.55%. Today's price summary indicates that the stock has underperformed its sector by 1.04% and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 118.35, which is a decrease of 3.19%. Over the past week, the stock has shown a slight increase of 0.08%, but it has declined by 5.24% over the past month. Despite this recent downturn, the company has demonstrated strong financial performance, with a net profit growth of 126.97% and positive results for the last three consecutive quarters, which may support its long-term valuation.
In the broader market context, the Sensex has increased by 1.80% over the past week and 2.14% over the past month, indicating that Bansal Roofing's short-term performance is lagging behind the benchmark. Although the stock has generated a return of 28.40% over the past year, it is currently trading at a discount compared to its peers, which suggests potential for recovery. The company's high management efficiency, low debt to EBITDA ratio, and majority ownership by promoters add to its stability, yet the recent price decline may reflect market volatility or profit-taking by investors after a strong performance.