Why is Simplex Castings falling/rising?

As of 08-Jul, Simplex Castings Ltd is experiencing a decline in its stock price, currently at 395.95, reflecting a decrease of 6.05 or 1.5%. Despite this drop, the stock has shown impressive performance over the past week, gaining 15.10%, and has significantly outperformed the Sensex over various periods, including a remarkable 1061.14% increase over the last three years. Today's price movement indicates a trend reversal after five consecutive days of gains, with the stock trading at its opening price without any range fluctuations. Additionally, while the company has reported strong financial results, including a 184.92% growth in net profit and positive results for the last four quarters, there has been a notable decline in investor participation, with delivery volume decreasing by 39.64% against the five-day average.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only increased by 0.02% over the past week. This disparity highlights the stock's strong historical returns, particularly its 84.16% gain over the past year, which is significantly higher than the benchmark's 4.69% increase. However, the recent decline in stock price may be attributed to profit-taking after a strong rally, alongside reduced trading volume, suggesting a potential cooling in investor enthusiasm. Overall, while Simplex Castings has demonstrated robust financial health and consistent returns, the current price movement reflects a temporary setback amid a backdrop of strong long-term performance.