Why is Sejal Glass falling/rising?

As of 12-Aug, Sejal Glass Ltd's stock price is currently at 549.95, reflecting a decrease of 1.05, or 0.19%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 4.36% during this period. Despite opening with a gain of 2.54% today and reaching an intraday high of Rs 565, the overall performance has been impacted by a significant drop in delivery volume, which fell by 84.25% against the 5-day average. However, it is noteworthy that the company has shown strong financial performance, with a net profit growth of 205.96% and positive results for the last five consecutive quarters, which indicates underlying strength despite the recent price decline.
In the broader market context, Sejal Glass has outperformed the benchmark Sensex in the short term, with a 1-week return of 0.72% compared to the Sensex's decline of 0.59%. While the stock has shown impressive long-term performance, including a 61.13% return over the past year, the recent short-term trends suggest a struggle amidst falling investor participation and liquidity concerns. The stock's ability to generate substantial returns over longer periods contrasts with the current volatility, indicating that while the company has solid fundamentals, market sentiment may be affecting its short-term price movements.