Why is Kama Holdings falling/rising?

As of 09-Jul, Kama Holdings Ltd is experiencing a decline in its stock price, currently at 3,143.95, reflecting a decrease of 7.4 points or 0.23%. Despite this recent drop, the stock has shown positive performance over the past week, with a return of 2.41%, and a significant increase of 13.33% over the past month. However, it is currently underperforming its sector by 0.61%. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. Nonetheless, there has been a notable decrease in investor participation, with delivery volume falling by 71.55% compared to the 5-day average. The stock's long-term fundamentals remain strong, with an average return on equity (ROE) of 17.33%, but profits have declined by 27.7% over the past year, which may contribute to the current price movement.
In the broader market context, Kama Holdings' recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past week and month, with respective returns of 2.41% and 13.33% compared to the Sensex's 0.15% and 1.32%. However, the stock's year-to-date return of 28.74% significantly exceeds the Sensex's 6.91%, indicating strong relative performance in the longer term. The stock's fair valuation, with a Price to Book Value of 1.4, suggests it is trading at a reasonable level compared to its peers, but the recent decline in profits may be causing some investor hesitation, impacting the stock's price negatively in the short term.