Why is Palco Metals Ltd falling/rising?

As of 01-Aug, Palco Metals Ltd is experiencing a decline in its stock price, currently at Rs 192.20, which reflects a decrease of Rs 5.05 or 2.56%. The stock has underperformed its sector by 0.86% today and has been on a downward trend for the last three days, accumulating a total loss of 7.37% during this period. Despite reaching an intraday high of Rs 204.9, the stock has been trading below its moving averages across various time frames, indicating a bearish sentiment. Over the past week, the stock has dropped by 4.85%, and year-to-date, it has seen a significant decline of 14.08%, contrasting with its impressive one-year return of 143.29%. Positive factors such as high management efficiency, strong debt servicing ability, and consistent growth in net sales and operating profit have not been sufficient to counteract the recent price decline.
In the broader market context, the benchmark Sensex has also faced challenges, with a decline of 1.06% over the past week and a negative return of 3.70% over the last month. However, Palco Metals Ltd's performance has been notably worse in comparison, particularly in the short term. While the company has demonstrated strong fundamentals, including a high return on capital employed and significant profit growth, these factors have not translated into positive stock price movements recently. The stock's liquidity remains adequate, with increased investor participation noted, but the overall market sentiment appears to be weighing heavily on its performance.