Why is Shaily Engineer. falling/rising?

As of 23-Sep, Shaily Engineering Plastics Ltd is experiencing a decline in its stock price, currently at Rs 2,264.40, which reflects a decrease of 44.75 points or 1.94%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 8.54% during this period. Despite opening with a gain of 2.55% today and reaching an intraday high of Rs 2,368, it has also touched a low of Rs 2,237.35. Over the past week, the stock has decreased by 5.35%, although it has shown a positive return of 7.06% over the past month and an impressive 117.04% return over the past year. The company's strong fundamentals, including a low Debt to EBITDA ratio and consistent profit growth, suggest a solid long-term outlook, but the recent drop in delivery volume by 48.1% indicates falling investor participation, which may be contributing to the stock's current decline.
In the broader market context, Shaily Engineering Plastics Ltd has underperformed the Sensex, which has only decreased by 0.34% over the past week. While the stock has shown remarkable long-term performance, outperforming the benchmark significantly over one year and three years, the recent short-term trends indicate a shift in investor sentiment. The stock's valuation is considered very expensive, with a high Enterprise value to Capital Employed ratio, which may be causing some investors to reassess their positions. Additionally, while institutional holdings remain strong, the recent decline in trading volume could signal caution among retail investors, further impacting the stock's price movement.