Why is Shyam Metalics falling/rising?

As of 28-Jul, Shyam Metalics & Energy Ltd's stock price is currently at Rs 952.00, reflecting a decrease of Rs 15.05 or 1.56%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 946, indicating a decline of 2.18%. Despite this drop, the stock has shown strong performance over the past month, with a return of 11.73%, and has outperformed the benchmark Sensex, which has declined by 3.77% during the same period. The company has also reported positive financial results, with record net sales and profit figures, and has seen an increase in institutional investor participation, which may support its valuation. However, the stock's long-term growth prospects are concerning due to a decline in operating profit over the past five years and a high price-to-book ratio compared to peers.
In the broader market context, Shyam Metalics' recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.59% over the past week. While the stock has outperformed the benchmark in terms of returns over the last month and year, the current price movement suggests a short-term correction. The falling investor participation, as indicated by a decrease in delivery volume, may also contribute to the stock's recent decline. Overall, while the company has demonstrated strong returns and management efficiency, concerns about its long-term growth and valuation may be influencing investor sentiment negatively in the short term.