Why is Shah Metacorp falling/rising?

As of 24-Jun, Shah Metacorp Ltd's stock price is currently at 4.03, reflecting an increase of 0.19 or 4.95%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a significant drop of 18.75% over the past week, the stock has performed well over the past month, with a return of 27.13%. The company has reported positive financial results for the last ten consecutive quarters, with a notable 210.96% growth in profit after tax and a 49.76% increase in net sales over the latest six months. Additionally, the promoters have increased their stake in the company by 3.9%, indicating strong confidence in its future prospects. However, there are concerns regarding long-term fundamental strength, as evidenced by a low average return on capital employed and a high debt to EBITDA ratio.
In the broader market context, while Shah Metacorp's stock has outperformed its sector by 3.66% today, it has lagged behind the Sensex, which has gained 0.58% over the past week. The stock's performance reflects a complex interplay of short-term gains and long-term challenges, as evidenced by its year-to-date return of -9.44% compared to the Sensex's 5.01% increase. The falling investor participation, with a significant drop in delivery volume, suggests caution among investors despite the recent positive financial indicators and promoter confidence.