Why is Sejal Glass falling/rising?

As of 22-Sep, Sejal Glass Ltd is experiencing a decline in its stock price, currently at Rs 757.50, which reflects a decrease of Rs 39.85 or 5.0%. The stock has underperformed its sector by 4.29% today and has seen a trend reversal after 12 consecutive days of gains. Despite this short-term decline, the stock has shown impressive returns over various periods, including a 32.91% increase over the past month and a remarkable 94.86% rise over the past year. The company has also reported strong financial performance, with a net profit growth of 205.96% and positive results for the last five consecutive quarters, indicating robust operational health.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only increased by 0.46% over the past week. While Sejal Glass has outperformed the benchmark significantly over the long term, including a 161.21% increase over three years, the current decline may reflect profit-taking after a substantial rally. The stock remains liquid enough for trading, and rising investor participation suggests continued interest despite the recent price drop. Overall, while the stock is facing a short-term setback, its long-term performance remains strong relative to the broader market.