Why is Shish Industries falling/rising?

As of 23-Sep, Shish Industries Ltd is experiencing a decline in its stock price, currently at 9.40, which reflects a decrease of 0.08 or 0.84%. The stock has shown mixed performance recently, with a 1-week return of -1.47% compared to the Sensex's -0.34%, while over the past month, it has increased by 26.01% against the benchmark's 0.98%. Today's price summary indicates that the stock has outperformed its sector by 0.41%, but there is a notable decline in investor participation, with delivery volume dropping by 18.84% compared to the 5-day average. Additionally, the company has a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.19 times, which could provide some support for the stock despite its current price drop.
In the broader market context, Shish Industries' recent performance contrasts with the overall market trends, as it has underperformed the Sensex year-to-date with a return of -28.24% compared to the index's 5.07%. The stock's valuation appears expensive, with a ROCE of 5.1 and an enterprise value to capital employed ratio of 2.9, which may deter potential investors. Furthermore, the company reported flat results in June, with a significant drop in profit before tax and a high percentage of non-operating income, which raises concerns about its operational efficiency. These factors combined suggest that while the stock has shown some short-term gains, the underlying financial performance and market conditions are contributing to its current decline.