Why is Sh. Rama Multi. falling/rising?

As of 24-Jun, Shree Rama Multi-Tech Ltd's stock price is currently at 41.71, reflecting a slight increase of 0.03 or 0.07%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It is trading higher than its 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day and 20-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 72.68% compared to the 5-day average. The company has demonstrated strong financial performance, with a remarkable net profit growth of 595.82% and positive results for the last five consecutive quarters, contributing to its consistent returns over the past three years.
In the broader market context, the stock's performance over the past week has been a decline of 6.06%, contrasting with a slight increase of 0.58% in the Sensex. However, over the past month, Shree Rama Multi-Tech Ltd has outperformed the benchmark with a return of 5.04% compared to the Sensex's 0.41%. Despite the recent short-term decline, the stock has shown strong long-term performance, with a 55.11% return over the past year and an impressive 425.94% return over the last three years, indicating resilience and potential for recovery in the face of broader market trends.