Why is Sh. Rama Multi. falling/rising?

As of 28-Jul, Shree Rama Multi-Tech Ltd's stock price is currently at Rs 40.69, reflecting a decrease of Rs 1.31 or 3.12%. Today's price summary indicates that the stock opened with a loss of 2.86% and reached an intraday low of Rs 40.01, showing a decline of 4.74%. The stock has underperformed its sector by 0.47% today, and there has been a notable decrease in investor participation, with delivery volume falling by 18.75% compared to the 5-day average. Despite these short-term challenges, the company has demonstrated strong financial performance over the past quarters, with a remarkable 595.82% growth in net profit and positive results for the last five consecutive quarters, which may provide some support for the stock in the long run.
In the broader market context, the stock has underperformed the benchmark Sensex in the short term, with a 1-week return of -4.26% compared to the Sensex's -1.59%. However, over the longer term, the stock has shown impressive returns, outperforming the benchmark significantly over the past three years with a 288.57% increase. While the stock's recent performance has been negatively impacted by sector-wide declines and reduced trading volume, its historical growth and consistent returns may still attract investors looking for long-term potential.