Why is Sejal Glass falling/rising?

As of 13-Aug, Sejal Glass Ltd's stock price is currently at 540.80, reflecting a decrease of 9.15 points or 1.66%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.95% during this period. Despite reaching an intraday high of Rs 564.75 earlier in the day, the stock's performance has been characterized by lower trading volumes, with delivery volume dropping significantly by 94.58% compared to the five-day average. Over the past week, the stock has declined by 4.33%, while it has shown a positive return of 4.03% over the last month. However, year-to-date, it has underperformed the market with a drop of 14.57%, contrasting sharply with its impressive one-year return of 60.02%.
In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.01% over the past week, indicating that the stock's recent decline is not reflective of the overall market trend. While Sejal Glass has demonstrated strong long-term performance, including a remarkable growth in net profit and consistent positive results over the last five quarters, the recent price movement suggests a disconnect between its fundamentals and market sentiment. The stock's liquidity remains adequate, but the significant drop in investor participation may be contributing to the downward pressure on the stock price.