Why is Sita Enterprises falling/rising?

As of 25-Jun, Sita Enterprises Ltd is currently priced at 153.55, reflecting an increase of 0.35 (0.23%). The stock has shown strong performance over the past year, with a remarkable return of 168.82%, significantly outpacing the broader market's return of 6.02%. However, despite this impressive annual performance, the stock has recently underperformed its sector by 0.38%. Additionally, while Sita Enterprises is trading above its moving averages across various timeframes, there has been a notable decline in investor participation, with delivery volume falling by 80.3% compared to the 5-day average. The company's fundamentals are concerning, as it has a low average Return on Equity (ROE) of 8.41% and a high Price to Book Value ratio of 2.9, indicating a potentially expensive valuation relative to its peers.
In the broader market context, Sita Enterprises has outperformed the benchmark Sensex over the past week, month, and year, with returns of 8.86%, 4.53%, and 26.31%, respectively. This suggests that while the stock is experiencing a rise in price, it is doing so in a market that has also seen positive movements, albeit at a much lower rate. The significant disparity between the stock's high returns and its declining profits, which have fallen by 59.9%, raises questions about its sustainability. Therefore, while the stock's price is currently rising, the underlying fundamentals and recent performance metrics indicate potential vulnerabilities that could affect its future trajectory.