Why is Shankar Lal Ram. falling/rising?

As of 18-Jul, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at 78.79, reflecting a decrease of 0.7, or 0.88%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.65% during this period. Despite a positive performance over the past month with a return of 17.58%, the stock has shown significant long-term underperformance, with a 1-year return of -27.88% and a staggering decline of 53.46% over the past three years. The company has reported positive results over the last four quarters, including a 30.27% growth in profit after tax and the highest net sales of Rs 106.75 crore, but it also faces challenges such as a high valuation compared to peers and a low domestic mutual fund interest, indicating potential investor caution.
In the broader market context, the stock's short-term performance has outpaced the benchmark Sensex, which has declined by 0.90% over the past week. However, the stock's long-term trajectory remains concerning, as it has consistently underperformed against the benchmark over the last three years. The company's operating profit growth rate of 8.03% over the last five years raises questions about its long-term growth potential, further compounded by a high enterprise value to capital employed ratio. This combination of factors suggests that while there may be short-term gains, the overall sentiment towards the stock remains negative due to its historical underperformance and valuation concerns.