Why is Shanti Overseas falling/rising?

As of 26-Jun, Shanti Overseas (India) Ltd is experiencing a decline in its stock price, currently at Rs. 16.52, which reflects a decrease of Rs. 0.34 or 2.02%. The stock has recently hit a new 52-week high of Rs. 23.87, indicating some positive momentum; however, it has underperformed in the short term with a 1-week decline of 9.73% and a 1-month decline of 11.75%. While the company reported positive results in its latest quarter, including higher net sales and the highest quarterly PBDIT and PBT figures, it faces significant challenges. The long-term fundamental strength is weak, evidenced by a staggering -199.45% CAGR growth in operating profits over the last five years, and a negative EBITDA raises concerns about its financial health. Additionally, a reduction in promoter stake by 2.92% may signal diminishing confidence in the company's future prospects.
In the broader market context, Shanti Overseas' recent performance contrasts sharply with the benchmark Sensex, which has gained 3.05% over the past week and 2.19% over the past month. This disparity highlights the stock's struggles relative to the overall market, where it has not only underperformed in the short term but also over the last three years, with a staggering -49.48% return compared to the Sensex's 62.74% gain. The liquidity of the stock remains adequate for trading, but the overall negative sentiment surrounding its long-term profitability and promoter confidence suggests that investors may be cautious, contributing to the stock's downward movement.