Why is Brady & Morris falling/rising?

As of 15-Jul, Brady & Morris Engineering Company Ltd's stock price is currently at Rs 1,781.05, reflecting an increase of Rs 41.05, or 2.36%. The stock has shown a trend reversal, gaining after seven consecutive days of decline, and it outperformed its sector by 1.85% today. The stock touched an intraday high of Rs 1,828, marking a 5.06% increase. Over the past month, the stock has risen by 5.17%, and it has delivered a remarkable 44.80% return over the last year, significantly outperforming the BSE500 index. However, it is important to note that the company has experienced a decline in profits, with a 72% drop in PAT for the most recent quarter, which may raise concerns among investors despite the high management efficiency indicated by a 31.46% ROE.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 1.36% over the past week. While the stock has shown strong long-term performance, generating returns of 1549.12% over three years, the short-term volatility and recent negative financial results could impact investor sentiment. Despite the stock's liquidity and rising investor participation, the high valuation metrics and declining profits may lead to cautious trading behavior among investors, balancing the positive momentum created by its recent gains.