Why is HLE Glascoat falling/rising?

As of 14-Jul, HLE Glascoat Ltd's stock price is currently at 408.55, reflecting a decrease of 7.95 points or 1.91%. The stock has underperformed its sector today by 2.25%, with an intraday low of Rs 406, which represents a decline of 2.52%. Over the past week, the stock has seen a return of -4.10%, and it has also underperformed the benchmark Sensex, which has increased by 1.40% over the past month. While the company has reported a significant growth in net profit of 207.78% and maintains a high return on capital employed (ROCE) of 21.26%, the stock's long-term growth prospects appear weak, with an annual operating profit growth rate of only 9.69% over the last five years. Additionally, the stock has consistently underperformed against the benchmark over the last three years, generating -11.25% returns in the past year.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has shown a positive return of 5.27% year-to-date. The stock's liquidity is adequate for trading, but a notable decline in investor participation, with a 33.38% drop in delivery volume, suggests waning interest among investors. Despite the company's strong financial results and fair valuation compared to peers, the persistent underperformance against the benchmark and the declining investor engagement contribute to the stock's current downward movement.