Why is Shyam Metalics falling/rising?

As of 04-Aug, Shyam Metalics & Energy Ltd is currently priced at Rs 977.60, reflecting a decrease of Rs 1.0 or 0.1%. The stock has been underperforming recently, having fallen for the last three days and recording a total decline of 1.25% during this period. Despite this recent downturn, the stock has shown strong performance over the past month with an increase of 11.38% and a year-to-date rise of 35.46%. The company has also reported positive financial results, including record net sales and profitability in the last quarter, which may support its long-term outlook. However, the stock's recent price movement is compounded by a significant drop in investor participation, with delivery volume falling by 56.03% against the five-day average, indicating reduced interest from retail investors.
Broader market context shows that while Shyam Metalics has outperformed the benchmark Sensex over various time frames, including a 2.69% gain over the past week compared to the Sensex's 0.16%, the stock's recent performance has not aligned with the sector's positive movement, which gained 2.9%. The decline in stock price today, despite being close to its 52-week high, suggests that market sentiment may be cautious, particularly given the falling investor participation. Additionally, the stock's liquidity remains adequate for trading, but the recent consecutive falls may reflect broader market volatility or sector-specific challenges that could be affecting investor confidence.