Why is Forbes & Co falling/rising?

As of 18-Jul, Forbes & Company Ltd is experiencing a decline in its stock price, currently at 460.80, reflecting a decrease of 7.2 points or 1.54%. Despite a recent trend of five consecutive days of gains, the stock has underperformed its sector today by 0.77%. Over the past week, it has shown a positive return of 10.80%, and over the last month, it has increased by 6.95%. However, the stock has a year-to-date return of -1.94% and a significant decline of 26.03% over the past year, despite a remarkable growth in net profit of 1091.99% and positive results over the last three consecutive quarters. The company maintains a low Debt to EBITDA ratio of 0.92, indicating a strong ability to service its debt, which supports its valuation despite the recent price drop.
In the broader market context, the Sensex has shown a slight decline of 0.90% over the past week, while Forbes & Company Ltd's short-term performance has significantly outpaced this benchmark. The stock's recent price movement reflects a correction after a period of gains, and while it is trading above its moving averages, the overall negative return over the past year contrasts sharply with its strong profit growth. This discrepancy suggests that while the company is performing well operationally, market sentiment may be weighing on its stock price, leading to the current decline.