Why is Grauer & Weil falling/rising?

As of 04-Jul, Grauer & Weil (India) Ltd is currently priced at 103.60, reflecting a decrease of 0.3, or 0.29%. The stock's performance today is in line with the sector, and it is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. The stock has shown a positive trend over the past month with a return of 26.06%, significantly outperforming the Sensex, which has only increased by 3.01%. However, the company has reported negative results recently, with a decline in PAT and operating profit, which may contribute to the current price drop. Additionally, despite consistent returns over the last three years, the stock's valuation appears expensive compared to its peers, and low domestic mutual fund holdings may indicate a lack of confidence among institutional investors.
In the broader market context, the stock's short-term return of 0.04% over the past week is slightly better than the Sensex, which has decreased by 0.74%. While Grauer & Weil has shown strong returns over longer periods, including a 20.07% increase over the past year, the recent negative financial results and high valuation metrics could be causing investors to reassess their positions. The combination of these factors suggests that while the stock has performed well historically, current financial challenges and market sentiment may be contributing to its recent price decline.