Why is Shera Energy falling/rising?

As of 17-Sep, Shera Energy Ltd's stock is currently priced at Rs 132.70, reflecting a decrease of Rs 2.3 or 1.7%. The stock has underperformed its sector by 1.04% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is 4.3% away from its 52-week low and has experienced a significant drop in investor participation, with delivery volume falling by 72.97% compared to the 5-day average. Over the past month, the stock has declined by 5.99%, and year-to-date, it has fallen by 28.83%, despite the company reporting positive results in the last three consecutive quarters, including a 74.80% growth in profit after tax.
In the broader market context, the Sensex has shown a positive return of 1.43% over the past week and 2.84% over the past month, contrasting sharply with Shera Energy's negative performance. While the company has demonstrated high management efficiency and attractive valuations, the significant decline in stock price and underperformance relative to the benchmark indicate a lack of investor confidence, despite the positive financial metrics. The stock's PEG ratio of 0.3 suggests it is undervalued compared to its earnings growth, but the recent trends in trading volume and price movement reflect a challenging environment for the stock.