Why is HLE Glascoat falling/rising?

As of 16-Sep, HLE Glascoat Ltd's stock price is currently at Rs 517.00, reflecting a decrease of Rs 9.00 or 1.71%. The stock has underperformed its sector today by 1.88%, reaching an intraday low of Rs 508, which is a decline of 3.42%. Over the past week, the stock has seen a significant drop of 8.36%, despite a strong performance over the last month with a return of 22.40%. The company's management efficiency is highlighted by a high return on capital employed (ROCE) of 21.26%, and it has shown positive quarterly results with a notable growth in profit before tax and profit after tax. However, the stock's long-term growth prospects appear poor, with an annual operating profit growth rate of only 13.07% over the last five years, and it is currently trading at a higher valuation compared to its peers.
In the broader market context, while the Sensex has gained 1.58% over the past week, HLE Glascoat's performance has been negative, indicating a divergence from the market trend. The stock's year-to-date return of 39.99% and one-year return of 27.34% are impressive, especially in a market that has generated negative returns of -0.73% over the same period. However, the recent decline in investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors, which could be contributing to the stock's downward movement. Overall, while the company has shown strong short-term performance, the recent price drop reflects concerns over its long-term growth potential and market sentiment.