Why is Forbes & Co falling/rising?

As of 22-Jul, Forbes & Company Ltd is experiencing a decline in its stock price, currently at Rs 457.55, which represents a decrease of Rs 4.45 or 0.96%. Today's price summary indicates that the stock underperformed its sector by 0.33%, with an intraday low of Rs 445.65, reflecting a drop of 3.54%. Despite this, the stock has shown positive performance over the past week and month, with returns of 4.83% and 8.28%, respectively. However, the year-to-date performance is down by 2.63%, and the stock has significantly underperformed over the past year with a decline of 23.81%. The company's strong financial metrics, including a low Debt to EBITDA ratio of 0.92 and a remarkable net profit growth of 1091.99%, suggest a solid foundation, yet the stock's price has not reflected these positive results, which may be attributed to falling investor participation, as evidenced by a 77.11% drop in delivery volume compared to the 5-day average.
In the broader market context, Forbes & Company Ltd's recent performance contrasts with the Sensex, which has shown a slight decline of 0.47% over the past week and a gain of 5.18% year-to-date. While the stock has outperformed the benchmark in the short term, the overall negative sentiment surrounding its long-term performance, particularly the 23.81% decline over the past year, may be influencing investor behavior. The stock's fair valuation and trading at a discount compared to peers could indicate potential for recovery, but the current market dynamics and reduced trading volume suggest caution among investors.