Why is Responsive Ind falling/rising?

As of 16-Jul, Responsive Industries Ltd's stock price is currently at 241.20, reflecting an increase of 1.15, or 0.48%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -0.54% compared to the Sensex's -1.08%. Over the past month, however, it has outperformed the benchmark with a return of +15.10% against the Sensex's +1.02%. The stock's liquidity remains adequate, but there has been a notable decline in investor participation, with delivery volume dropping by 67.44% compared to the 5-day average. Additionally, the company has a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.18 times, and has demonstrated healthy long-term growth with an annual operating profit increase of 63.05%.
In the broader market context, while Responsive Industries has shown some resilience in the short term, it has significantly underperformed over the past year, generating a return of -14.35% compared to the market's positive return of 0.47%. This underperformance is compounded by its high valuation metrics, such as a ROCE of 14.3 and an Enterprise value to Capital Employed ratio of 4.2, which suggest that the stock may be considered expensive relative to its peers. Despite the positive quarterly results, including record net sales and operating profit, the stock's negative annual return indicates that investor sentiment remains cautious. The high institutional holdings at 35.13% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals.