Why is Shah Metacorp falling/rising?

As of 03-Jul, Shah Metacorp Ltd is experiencing a slight increase in its stock price, currently at 3.92, with a change of 0.02, representing a 0.51% rise. Today's price summary indicates that the stock has outperformed its sector by 0.93% and has shown a trend reversal after two consecutive days of decline. Despite a recent drop of 4.85% over the past week, the stock has gained 27.27% over the last month. The company has reported positive financial results for the last ten consecutive quarters, with a significant growth in profit after tax and net sales, contributing to a favorable valuation. Additionally, promoter confidence has increased, with a 3.9% rise in their stake, indicating optimism about the company's future.
In the broader market context, while Shah Metacorp's recent performance has been positive, it has underperformed against the benchmark Sensex over the past year, generating a return of -0.76% compared to the Sensex's 4.07%. The stock's performance over the last three years has also been weaker than the benchmark, which may contribute to investor caution despite the recent uptick in price. The company's liquidity remains adequate for trading, but a decline in delivery volume suggests a potential decrease in investor participation, which could impact future price movements.