Why is Shilpa Medicare falling/rising?

As of 08-Jul, Shilpa Medicare Ltd's stock price is currently at Rs 860.00, reflecting a decrease of Rs 25.0 or 2.82%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.65% during this period. In terms of returns, the stock has shown a negative performance of 2.71% over the past week and 6.21% over the past month, although it has delivered a positive return of 29.17% over the past year. Despite these recent declines, the company has reported positive financial results for the last seven consecutive quarters, including a notable increase in profit before tax and profit after tax, which may provide some support for the stock's valuation.
Broader market context indicates that while Shilpa Medicare has experienced short-term challenges, it has outperformed the benchmark Sensex over longer periods, including a 5.77% gain year-to-date compared to the Sensex's 7.13%. However, the stock's recent performance has lagged behind the benchmark, particularly in the short term, as evidenced by its 2.71% decline over the past week versus the Sensex's minimal gain of 0.02%. This underperformance, combined with the stock's current trading dynamics and rising investor participation, suggests a cautious sentiment among investors, contributing to the recent price decline.