Why is Shraddha Prime falling/rising?

As of 04-Jul, Shraddha Prime Projects Ltd is experiencing a decline in its stock price, currently at Rs 186.20, which reflects a decrease of Rs 3.8 or 2.0%. Today's price summary indicates that the stock opened with a loss of 2% and has since traded flat at this price, touching an intraday low of Rs 186.20. Despite this decline, the stock has shown strong performance over the past year, with a remarkable return of 233.39%, significantly outperforming the BSE500 index. However, the stock has recently fallen after nine consecutive days of gains, and it is currently 2.55% away from its 52-week high of Rs 190.95. Positive factors contributing to the stock's long-term growth include a substantial increase in net sales and operating profit, alongside consistent positive results over the last six quarters. Nonetheless, concerns regarding management efficiency and a high debt-to-EBITDA ratio may be weighing on investor sentiment.
In the broader market context, Shraddha Prime's short-term performance has outpaced the benchmark, with a 5.20% gain over the past week compared to a 0.74% decline in the Sensex. This indicates that while the stock is currently facing a downturn, it has been performing well relative to the market in the recent past. The stock's liquidity remains adequate, with a significant increase in delivery volume, suggesting continued interest from investors despite the recent price drop. Overall, while the stock has demonstrated strong historical returns and growth potential, the recent decline may be attributed to profit-taking after a sustained rally and concerns regarding its financial metrics.