Why is Godawari Power falling/rising?

As of 26-Aug, Godawari Power & Ispat Ltd is experiencing a decline in its stock price, currently at Rs 238.20, which reflects a decrease of Rs 4.95 or 2.04%. Today's price summary indicates that the stock has underperformed its sector by 0.27% and has seen a trend reversal after six consecutive days of gains, touching an intraday low of Rs 236.35. Despite this decline, the stock has shown strong performance over the past week, with a return of 10.33%, and a significant increase of 25.77% over the past month. The company maintains a high management efficiency with a return on equity of 26.83% and a low debt-to-equity ratio of 0.08 times, contributing to its healthy long-term growth, evidenced by an annual operating profit growth rate of 16.38%.
In the broader market context, while Godawari Power has outperformed the Sensex with a year-to-date return of 17.46% compared to the benchmark's 3.39%, the current decline may be attributed to profit-taking after a strong rally. The stock's recent performance has been robust, consistently generating returns over the last three years, but the current dip suggests a temporary correction in response to market dynamics. The liquidity of the stock remains adequate, with a delivery volume increase of 24.78% against the five-day average, indicating ongoing investor interest despite the recent price drop.