Why is Indef Manufactur falling/rising?

As of 04-Jul, Indef Manufacturing Ltd's stock price is currently at Rs. 550.00, reflecting a decrease of Rs. 3.2 or 0.58%. The stock has recently experienced a trend reversal, falling after six consecutive days of gains. It opened with a 5% increase today, reaching an intraday high of Rs. 580.85, but subsequently dropped to a low of Rs. 533.1. Despite a strong one-month return of 131.09%, the stock underperformed its sector by 0.8% today. Additionally, the company has a low Debt to Equity ratio, but it faces challenges with poor long-term growth, as net sales have declined at an annual rate of 1.60% over the past five years, contributing to its recent price movement.
In the broader market context, the stock's performance over the past week shows a significant gain of 19.42%, while the Sensex has only decreased by 0.74%, indicating that Indef Manufacturing has outperformed the benchmark in the short term. However, the recent decline in investor participation, with a 30.69% drop in delivery volume compared to the five-day average, suggests waning interest among investors. This, combined with the stock's high valuation relative to its return on equity and flat results reported in March, may be influencing the current downward price movement despite its recent highs.