Why is Pokarna falling/rising?

As of 30-Jun, Pokarna Ltd's stock price is currently at 1,005.00, reflecting a decrease of 2.25, or 0.22%. The stock has been underperforming, having fallen for the last three days with a total decline of 7.37%. It is trading below all key moving averages, indicating a bearish trend. Despite touching an intraday high of Rs 1,031.15 earlier in the day, the overall performance has been weak, with a one-week return of -2.55% and a one-month return of -7.88%. However, the company has shown strong fundamentals with a net profit growth of 279.75% and has delivered positive results for the last seven consecutive quarters, which suggests underlying strength despite the recent price decline.
In the broader market context, Pokarna's short-term performance contrasts sharply with the benchmark Sensex, which has gained 2.09% over the past week and 2.65% over the past month. This significant outperformance by the benchmark highlights the stock's struggles in the current market environment. While institutional holdings have increased, indicating confidence from larger investors, the stock's recent price movements suggest that market sentiment may be weighing heavily on it, leading to its current decline amidst a generally positive market backdrop.