Why is Shera Energy falling/rising?

As of 28-Aug, Shera Energy Ltd is currently priced at 136.90, reflecting a slight increase of 0.15 or 0.11%. Despite this minor uptick, the stock has shown a significant decline over the past year, with a return of -20.78%, and has underperformed against the benchmark indices consistently. Today's performance indicates that Shera Energy has outperformed its sector by 1.74%, but it is trading below all its moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 36.51% compared to the 5-day average. While the company has demonstrated high management efficiency with a return on capital employed (ROCE) of 20.78% and positive financial results over the last three quarters, the weak EBIT to interest ratio of 1.79 raises concerns about its ability to service debt, which could negatively impact investor sentiment.
In the broader market context, Shera Energy's short-term performance over the past week shows a decline of -5.06%, while the Sensex has only decreased by -2.32%, indicating a relative underperformance. Although the stock has attractive valuations compared to its peers and has seen significant profit growth, the persistent underperformance against the benchmark over the last three years, coupled with a low return on equity of 9.88%, suggests that investors remain cautious. The overall market sentiment appears to be weighing heavily on the stock, despite its recent positive financial results, leading to a challenging environment for price recovery.