Why is Nahar Poly falling/rising?

As of 25-Jul, Nahar Polyfilms Ltd's stock price is currently at Rs 318.00, reflecting a decrease of Rs 13.2 or 3.99%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 10.56% during this period. Today's trading saw the stock reach an intraday high of Rs 339.9 but also dip to a low of Rs 316. The stock has underperformed its sector by 1.12%, and its recent performance over the past week and month shows declines of 9.35% and 12.40%, respectively. Despite these short-term challenges, the company has demonstrated strong financial health with a significant net profit growth of 98.18% and a robust EBIT to interest ratio of 21.89, indicating its ability to service debt effectively.
In the broader market context, the Sensex has only decreased by 0.36% over the past week and 1.56% over the past month, suggesting that Nahar Polyfilms Ltd's decline is more pronounced than the overall market. While the stock has generated a positive return of 20.00% year-to-date and 8.59% over the past year, its performance over the last three years has been notably poor, with a decline of 17.39% compared to the Sensex's gain of 46.08%. This disparity highlights the stock's recent struggles despite its positive long-term financial indicators and valuation metrics, which suggest it is trading at a discount compared to peers.