Why is Sita Enterprises falling/rising?

As of 02-Jul, Sita Enterprises Ltd is currently priced at 154.95, reflecting a decrease of 0.55, or 0.35%. Despite this decline, the stock has shown strong performance over the past year, generating a return of 182.65%, significantly outpacing the broader market's return of 5.00%. Today's price summary indicates that the stock has outperformed its sector by 0.88%, although it has experienced a trend reversal after two consecutive days of gains. Additionally, Sita Enterprises is trading above its moving averages across various time frames, and there has been a notable increase in investor participation, with delivery volume rising by 7.75% compared to the five-day average. However, the stock faces challenges due to weak long-term fundamental strength, evidenced by a low average Return on Equity (ROE) of 8.41% and a significant profit decline of 59.9% over the past year.
In the broader market context, Sita Enterprises has outperformed the Sensex over the past week, with a return of 0.91% compared to the benchmark's 0.79%. While the stock has shown impressive returns year-to-date and over longer periods, its recent price decline may be attributed to concerns over its high valuation relative to peers and the substantial drop in profits despite strong price performance. The combination of these factors suggests that while the stock has been a strong performer historically, current market sentiment may be influenced by its fundamental weaknesses and valuation concerns.