Why is Shree Bhavya falling/rising?

As of 29-Jul, Shree Bhavya Fabrics Ltd's stock price is currently at 28.13, reflecting a decrease of 2.33, or 7.65%. Today's price summary indicates that the stock has underperformed its sector by 8.29% and has experienced a trend reversal, falling after four consecutive days of gains. It opened with a significant loss of 11.03% and reached an intraday low of Rs 27.1. Despite this decline, the stock has shown strong performance over the past year, with an 18.19% return, and has consistently outperformed the BSE500 over the last three years. Positive financial results, including a high operating profit to interest ratio and a robust profit after tax, suggest that the stock has attractive valuation metrics, although the recent drop in delivery volume indicates falling investor participation.
Broader market context shows that while Shree Bhavya has had a strong performance in the longer term, its year-to-date return is down by 2.12%, contrasting with the Sensex's gain of 4.09%. In the short term, the stock's performance over the past week and month has been positive, with increases of 9.75% and 10.14%, respectively, while the Sensex has declined by 1.03% and 3.24%. This indicates that the stock has been resilient compared to the broader market, but the recent sharp decline suggests a potential correction or profit-taking by investors after a period of gains.