Why is Sarda Energy falling/rising?

As of 13-Nov, Sarda Energy & Minerals Ltd is experiencing a decline in its stock price, currently at Rs 514.00, which reflects a decrease of Rs 11.75 or 2.23%. The stock has underperformed its sector by 1.68% today and has been on a downward trend for the last three days, resulting in a total decline of 5.35% during this period. Despite a strong long-term performance, with a 21.01% return over the past year and a remarkable 490.53% increase over the last three years, the recent price movement is concerning. The stock's delivery volume has also decreased significantly, falling by 40.11% against the five-day average, indicating reduced investor participation.
In the broader market context, while the Sensex has gained 1.40% over the past week and 2.61% over the past month, Sarda Energy has seen a decline of 2.52% and 7.76% respectively, highlighting its underperformance relative to the benchmark. This divergence suggests that while the overall market is experiencing positive momentum, Sarda Energy is facing challenges that are impacting its stock price negatively. Despite the company's strong fundamentals, including a low Debt to EBITDA ratio and consistent growth in net sales and profits, the recent price drop may be attributed to short-term market sentiment and reduced trading activity.