Why is Shilpa Medicare falling/rising?

As of 19-Sep, Shilpa Medicare Ltd's stock price is currently at 823.00, reflecting an increase of 3.9 (0.48%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it remains lower than the 5-day, 20-day, 50-day, and 100-day moving averages, despite being higher than the 200-day moving average. The stock's recent performance has been mixed, with a 1-week decline of 0.60% and a 1-month drop of 5.16%, while year-to-date it has gained 1.22%. Positive factors contributing to the stock's movement include a significant net profit growth of 290.01% reported in June, consistent positive results over the last eight quarters, and a high return on capital employed (ROCE) of 7.63%. However, falling investor participation is a concern, as evidenced by a 52.8% drop in delivery volume compared to the 5-day average.
Broader market context indicates that while Shilpa Medicare's stock has experienced a short-term decline, the benchmark Sensex has performed better, gaining 0.88% over the past week and 1.20% over the past month. This underperformance relative to the benchmark may contribute to investor sentiment regarding the stock. Despite the positive financial results and growth indicators, the stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests caution among investors. Overall, the stock's recent rise can be attributed to a recovery from previous declines, but broader market trends and declining investor participation may temper future performance.