Why is Shah Metacorp falling/rising?

As of 11-Aug, Shah Metacorp Ltd is currently priced at 3.50, reflecting a decrease of 0.03, or 0.85%. The stock has been on a downward trend, having underperformed its sector by 1.14% today and experiencing a consecutive decline over the last five days, resulting in an overall drop of 8.85% in that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite these challenges, the company has reported positive financial results over the last ten consecutive quarters, with a significant growth in profit after tax and net sales. The stock is also trading at a discount compared to its peers, which may suggest an attractive valuation despite its recent price decline.
In the broader market context, Shah Metacorp's short-term performance has been notably poor, with a 1-week return of -8.85%, contrasting sharply with the Sensex's decline of only 0.51% during the same period. This underperformance highlights the stock's struggles relative to the overall market. While the company has shown strong growth in profits and sales, the significant drop in stock price and falling investor participation, evidenced by a 39.88% decrease in delivery volume, suggests that investor sentiment remains cautious. Overall, the combination of declining stock performance and strong underlying financial results creates a complex picture for Shah Metacorp, leading to its current price movement.