Why is Shilchar Tech falling/rising?

As of 28-Jul, Shilchar Technologies Ltd is experiencing a decline in its stock price, currently at Rs 4,801.00, reflecting a decrease of Rs 97.45 or 1.99%. The stock has been underperforming, having fallen for the last eight consecutive days, resulting in a total decline of 11.28% during this period. Additionally, it has underperformed its sector by 0.32% today. Over the past week, the stock has decreased by 8.33%, and over the last month, it has dropped by 10.02%. Despite these short-term declines, the company has shown strong long-term growth, with net sales increasing at an annual rate of 54.29% and a net profit growth of 59.22%. The company has consistently reported positive results for the last 14 quarters, which may provide some support for its stock price in the long run.
In the broader market context, Shilchar Technologies Ltd's recent performance contrasts with the benchmark Sensex, which has only declined by 1.59% over the past week and 3.77% over the past month. This indicates that the stock's short-term struggles are more pronounced than the overall market. While the company has demonstrated consistent returns over the past three years, outperforming the BSE500 in each of the last three annual periods, the current price movement suggests that investors may be reacting to recent trends rather than the company's strong fundamentals. The liquidity of the stock remains adequate for trading, but the recent price decline may reflect broader market sentiments or specific investor concerns.