Why is Shera Energy falling/rising?

As of 19-Sep, Shera Energy Ltd is experiencing a decline in its stock price, currently at Rs 130.10, which reflects a decrease of Rs 3.9 or 2.91%. The stock has underperformed significantly, with a 1-week return of -4.27% and a 1-month return of -8.22%, while the Sensex has shown positive returns of +0.85% and +1.39% respectively during the same periods. Additionally, the stock is trading lower than all its moving averages, indicating a bearish trend. The delivery volume has also decreased by 7.89% against the 5-day average, suggesting falling investor participation. Despite positive financial results over the last three quarters, including a 75.74% growth in PAT and a 34.93% increase in net sales, the stock's performance has been hindered by its significant year-to-date decline of -30.22%. In the broader market context, Shera Energy's performance contrasts sharply with the Sensex, which has gained 7.11% year-to-date. This disparity highlights the stock's struggles despite its attractive valuation metrics, such as a high return on capital employed (ROCE) of 20.06% and a low PEG ratio of 0.3, indicating that it is undervalued compared to its peers. The stock's negative returns over the past year, coupled with the positive growth in profits, suggest that market sentiment may be weighing heavily on the stock, overshadowing its strong financial fundamentals.