Why is Shivalik Rasayan falling/rising?

As of 18-Jul, Shivalik Rasayan Ltd's stock price is currently at 590.05, reflecting a decrease of 6.95, or 1.16%. The stock has experienced a trend reversal, falling after three consecutive days of gains, and opened with a loss of 4.18% today. It reached an intraday high of Rs 612 but also touched a low of Rs 572.05, indicating significant volatility. Despite a recent rise in investor participation, with delivery volume increasing by 43.75% against the five-day average, the stock has underperformed over the past year, generating a return of -9.92%. Factors contributing to this decline include poor management efficiency, as evidenced by a low return on equity of 5.85%, and consistent underperformance against benchmarks over the last three years.
In the broader market context, Shivalik Rasayan's short-term performance has been relatively strong compared to the benchmark, with a 12.16% increase over the past week while the Sensex declined by 0.90%. However, the stock's year-to-date performance shows a significant decline of 22.96%, contrasting with the Sensex's gain of 4.63%. The company's low debt-to-equity ratio and fair valuation metrics suggest some potential, but the overall sentiment is dampened by its poor long-term growth prospects and minimal interest from domestic mutual funds, which may indicate a lack of confidence in the stock's future performance.