Why is Shah Metacorp falling/rising?

As of 07-Jul, Shah Metacorp Ltd's stock price is currently at 3.96, reflecting a decrease of 0.19, or 4.58%. The stock has underperformed its sector today by 4.4% and has experienced a trend reversal, falling after two consecutive days of gains. In terms of returns, the stock has declined by 2.46% over the past week, while it has shown a significant increase of 28.57% over the past month. Despite positive financial results over the last ten quarters, including a 210.96% growth in PAT and a 49.76% increase in net sales, the stock's long-term fundamentals are weak, with a low average ROCE of 0.82% and a high Debt to EBITDA ratio. Additionally, while promoter confidence has increased with a 3.9% rise in their stake, the stock's recent performance suggests a lack of investor participation, as evidenced by a 25.2% drop in delivery volume compared to the five-day average.
In the broader market context, Shah Metacorp's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.20% over the past week. This underperformance highlights the stock's challenges despite its strong recent financial results and rising promoter confidence. The overall market conditions appear to favor the benchmark, which has shown a positive return of 1.53% over the past month, contrasting with Shah Metacorp's recent struggles. The combination of declining investor participation and weak long-term fundamentals may be contributing to the stock's current downward trend.