Why is HLE Glascoat falling/rising?

As of 21-Jul, HLE Glascoat Ltd's stock price is currently at 408.15, reflecting a decrease of 4.95, or 1.2%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.24% during this period. In terms of returns, the stock has seen a slight decrease of 0.10% over the past week and a more significant drop of 3.79% over the past month. Despite a year-to-date increase of 10.52%, the stock's performance over the last year has been negative, with a decline of 5.44%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 36.9% compared to the 5-day average.
In the broader market context, HLE Glascoat's recent performance contrasts with the Sensex, which has only slightly decreased by 0.06% over the past week and 0.25% over the past month. The stock's high management efficiency, indicated by a return on capital employed (ROCE) of 21.26%, and a significant growth in net profit of 207.78% in the latest quarter, suggest strong fundamentals. However, the stock's negative return over the past year, despite profit growth, and a PEG ratio of 2.5 indicate that it may be trading at a premium compared to its earnings growth. This combination of factors, including recent price declines and reduced trading volume, contributes to the stock's current downward movement.