Why is Shera Energy falling/rising?

As of 22-Sep, Shera Energy Ltd's stock price is currently at Rs 130.50, reflecting an increase of Rs 0.4 or 0.31%. Despite this slight uptick, the stock has shown a significant decline over the past week and month, with returns of -2.68% and -8.29%, respectively. The stock is also trading close to its 52-week low, just 2.68% above it. Furthermore, Shera Energy has underperformed its sector by 1.33% today and is trading below all its moving averages, indicating a bearish trend. However, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 20.06% and has reported positive results for the last three consecutive quarters, including a notable 74.80% growth in profit after tax over the latest six months.
In the broader market context, the Sensex has shown a positive return of 0.53% over the past week, contrasting sharply with Shera Energy's negative performance. The stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -25.89% compared to the Sensex's decline of only 2.28%. This persistent underperformance, coupled with a weak ability to service its debt as indicated by a poor EBIT to interest ratio of 1.79, raises concerns among investors. While there is rising investor participation reflected in increased delivery volume, the overall sentiment remains cautious due to the stock's historical performance and current trading position.