Why is Shekhawati Inds falling/rising?

As of 22-Jul, Shekhawati Industries Ltd is experiencing a decline in its stock price, currently at 23.15, which reflects a decrease of 0.81 or 3.38%. The stock has underperformed its sector by 2.95% today and has been on a downward trend for the last four days, resulting in a total decline of 10.72% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a remarkable annual return of 282.64%, the company has faced significant challenges, including a 62.1% drop in profits and a 28.32% decline in net sales over the past six months, which has contributed to its weak long-term fundamental strength. While there is rising promoter confidence with a 4.35% increase in stake, the overall negative financial results and high debt levels are weighing heavily on investor sentiment.
In the broader market context, Shekhawati Industries Ltd has underperformed compared to the benchmark, with a 1-week return of -7.14% against the Sensex's -0.47%. The company's year-to-date performance shows a stark contrast, with a decline of 23.42% compared to the Sensex's gain of 5.18%. This disparity highlights the stock's struggles despite its past strong performance, indicating that current investor sentiment is heavily influenced by recent financial results and operational challenges rather than historical gains.