Why is Nelcast falling/rising?

As of 03-Jul, Nelcast Ltd. is currently priced at 147.60, reflecting a decrease of 1.1, or 0.74%. The stock has underperformed its sector today by 0.3%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, the delivery volume has significantly declined by 60.87% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 1.60%, while it has shown a strong performance over the past month with a return of 14.42%. However, the stock has generated a negative return of 1.73% over the past year, coinciding with a 13.6% decline in profits. The company recently reported positive results after two consecutive negative quarters, with a substantial growth in PAT and a favorable debt-equity ratio, which may provide some support for the stock's valuation.
In the broader market context, Nelcast's recent performance contrasts with the Sensex, which has declined by only 0.62% over the past week. While Nelcast has outperformed the benchmark significantly over the longer term, with a 150.81% return over three years and 184.39% over five years, its recent underperformance in the short term may be attributed to reduced investor interest and profit declines. The overall market sentiment appears to be cautious, which could be impacting Nelcast's stock price negatively despite its positive operational metrics and attractive valuation compared to peers.