Why is Shankar Lal Ram. falling/rising?

As of 03-Jul, Shankar Lal Rampal Dye-Chem Ltd is currently priced at 80.00, reflecting an increase of 0.69 (0.87%). The stock has outperformed its sector by 0.93% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite a strong one-month return of +33.82%, the stock has underperformed over the past year with a decline of -26.57%. The company has shown positive financial results over the last four quarters, with a significant growth in profit after tax and net sales, but it also faces challenges such as a poor long-term growth outlook and a high valuation compared to its peers, which may be contributing to investor caution.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a modest increase of +3.10% over the past month. While Shankar Lal Rampal Dye-Chem Ltd has outperformed the sector today, its long-term underperformance against the benchmark over the last three years, coupled with a lack of investment from domestic mutual funds, suggests that investor sentiment may be cautious despite recent positive results. This mixed performance indicates that while there are short-term gains, the overall outlook remains uncertain, leading to a complex situation for potential investors.