Why is Shalimar Agencie falling/rising?

As of 28-Jul, Shalimar Agencies Ltd's stock price is currently at 36.54, reflecting a decrease of 0.74, or 1.98%. The stock has been underperforming, having fallen for the last three days with a total decline of 5.85%. Additionally, it has underperformed its sector by 0.61% today. In terms of returns, the stock has seen a 2.06% decline over the past week, while it has performed well over the longer term, with a 23.91% increase over the past month and an impressive 301.54% rise year-to-date. Despite these positive long-term trends, the recent price movement indicates a struggle, compounded by falling investor participation, as evidenced by a decrease in delivery volume.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 1.59% over the past week. While Shalimar Agencies Ltd has shown remarkable growth over the longer periods, such as a 1054.50% increase over three years, the short-term decline suggests a potential correction or profit-taking by investors. The company's recent positive financial results, including the highest quarterly PBDIT, PBT, and PAT, indicate strong operational performance, but these have not been sufficient to counteract the recent downward trend in stock price.