Why is Brady & Morris falling/rising?

As of 02-Jul, Brady & Morris Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs 1,936.80, which reflects a decrease of Rs 23.2 or 1.18%. The stock has underperformed its sector by 0.68% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 1.28%. Despite this recent decline, the stock has shown impressive performance over the past month with a return of 59.96%, and it has consistently outperformed the BSE500 over the last three years, generating a staggering 1762.31% return. However, the stock's recent price movement is influenced by negative financial results reported for March, including a significant drop in profit after tax and a low return on capital employed, which may have raised concerns among investors.
In the broader market context, while the stock has shown strong returns over various periods, its recent performance contrasts with the Sensex, which has only increased by 0.79% over the past week. The decline in investor participation, evidenced by a 53.53% drop in delivery volume compared to the five-day average, suggests a waning interest among traders, which could further pressure the stock price. Although the company has a high return on equity and has generated consistent returns, the expensive valuation and declining profits over the past year may be contributing to the current downward trend in its stock price.