Why is Kama Holdings falling/rising?

As of 07-Jul, Kama Holdings Ltd is experiencing a decline in its stock price, currently at 3,125.00, reflecting a decrease of 55.1 points or 1.73%. Despite this recent drop, the stock has shown strong performance over the past week, gaining 5.49%, and over the past month, it has increased by 14.53%. Today, the stock reached a new 52-week high of Rs 3,265.5 but has underperformed its sector by 1.73%. The stock has also seen a trend reversal after three consecutive days of gains. Although it is trading above its moving averages, the recent fall may be attributed to a profit decline of 27.7% over the past year, despite a solid long-term return on equity (ROE) of 17.33%.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while Kama Holdings has outperformed this benchmark. However, the stock's recent performance indicates a potential correction after hitting a high. The rising investor participation, with a notable increase in delivery volume, suggests ongoing interest, yet the stock's current valuation appears fair compared to its peers. Overall, while the stock has demonstrated strong long-term fundamentals, the recent price movement reflects a combination of profit concerns and market dynamics.