Why is Shankar Lal Ram. falling/rising?

As of 15-Jul, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at 79.02, reflecting a decrease of 0.33, or 0.42%. The stock has shown a positive performance over the past week, increasing by 2.69%, and has significantly outperformed the benchmark Sensex, which fell by 1.36%. However, the stock has underperformed its sector today by 1.6%. Despite trading above its moving averages for various periods, there has been a notable decline in investor participation, with delivery volume dropping by 58.76% compared to the 5-day average. The company has reported positive financial results over the last four quarters, with a 30.27% growth in profit after tax and record net sales, but it also faces challenges such as a poor long-term growth outlook and a high valuation compared to peers.
In the broader market context, while Shankar Lal Rampal Dye-Chem Ltd has shown a strong short-term return, its year-to-date performance is down by 8.00%, contrasting with the Sensex's gain of 5.67%. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -27.80% in the past year. This consistent underperformance, coupled with a lack of investment from domestic mutual funds, suggests a lack of confidence in the stock's future prospects despite its recent positive quarterly results.